v3.25.2
Condensed Consolidated Statement of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Common Stock
Additional paid-in capital
Accumulated deficit
Accumulated Other Comprehensive Loss
Total
Balance at the beginning at Dec. 31, 2023 $ 18 $ 588,515 $ (84,639) $ (559) $ 503,335
Balance at the beginning (in shares) at Dec. 31, 2023 179,010,884        
Changes in stockholder's equity          
Net loss     (21,207)   (21,207)
Withholding of employee taxes related to stock-based compensation   (169)     (169)
Shares of common stock issued for vested RSUs (in Shares) 161,995        
Stock options exercised   97     97
Stock options exercised (in shares) 2,360,316        
Repurchase and retirement of shares of common stock   (4,963)     (4,963)
Repurchase and retirement of shares of common stock (in shares) (3,183,638)        
Unrealized gain on available-for-sale securities       (579) (579)
Stock-based compensation expense   2,863     2,863
Balance at the end at Mar. 31, 2024 $ 18 586,343 (105,846) (1,138) 479,377
Balance at the end (in shares) at Mar. 31, 2024 178,349,557        
Balance at the beginning at Dec. 31, 2023 $ 18 588,515 (84,639) (559) 503,335
Balance at the beginning (in shares) at Dec. 31, 2023 179,010,884        
Changes in stockholder's equity          
Net loss         $ (43,481)
Shares of common stock issued under ESPP (in shares) 187,614        
Shares of common stock issued for vested RSUs (in Shares) 851,216        
Stock options exercised (in shares) 3,590,897        
Repurchase and retirement of shares of common stock (in shares) (5,000,000)       (5,000,000)
Balance at the end at Jun. 30, 2024 $ 18 586,029 (128,120) (1,149) $ 456,778
Balance at the end (in shares) at Jun. 30, 2024 178,640,611        
Balance at the beginning at Mar. 31, 2024 $ 18 586,343 (105,846) (1,138) 479,377
Balance at the beginning (in shares) at Mar. 31, 2024 178,349,557        
Changes in stockholder's equity          
Net loss     (22,274)   (22,274)
Withholding of employee taxes related to stock-based compensation   (310)     (310)
Shares of common stock issued under ESPP   238     238
Shares of common stock issued under ESPP (in shares) 187,614        
Shares of common stock issued for vested RSUs (in Shares) 689,221        
Stock options exercised   100     100
Stock options exercised (in shares) 1,230,581        
Repurchase and retirement of shares of common stock   (3,393)     $ (3,393)
Repurchase and retirement of shares of common stock (in shares) (1,816,362)       (1,816,362)
Unrealized gain on available-for-sale securities       (11) $ (11)
Stock-based compensation expense   3,051     3,051
Balance at the end at Jun. 30, 2024 $ 18 586,029 (128,120) (1,149) 456,778
Balance at the end (in shares) at Jun. 30, 2024 178,640,611        
Balance at the beginning at Dec. 31, 2024         34
Balance at the beginning at Dec. 31, 2024 $ 18 591,394 (181,171) 39 410,280
Balance at the beginning (in shares) at Dec. 31, 2024 180,364,028        
Changes in stockholder's equity          
Net loss     (15,151)   (15,151)
Withholding of employee taxes related to stock-based compensation   (261)     (261)
Shares of common stock issued for vested RSUs (in Shares) 551,828        
Stock options exercised   181     $ 181
Stock options exercised (in shares) 1,532,420       1,532,420
Remeasurement of mezzanine equity     20   $ 20
Unrealized gain on available-for-sale securities       173 173
Stock-based compensation expense   1,830     1,830
Balance at the end at Mar. 31, 2025 $ 18 593,144 (196,302) 212 397,072
Balance at the end (in shares) at Mar. 31, 2025 182,448,276        
Balance at the beginning at Dec. 31, 2024         34
Balance at the beginning at Dec. 31, 2024 $ 18 591,394 (181,171) 39 410,280
Balance at the beginning (in shares) at Dec. 31, 2024 180,364,028        
Changes in stockholder's equity          
Net loss         $ (40,488)
Shares of common stock issued under ESPP (in shares) 180,091        
Shares of common stock issued for vested RSUs (in Shares) 1,648,374        
Stock options exercised (in shares) 1,883,177        
Repurchase and retirement of shares of common stock (in shares) (3,361,396)       (3,361,396)
Balance at the end at Jun. 30, 2025 $ 18 592,096 (221,708) 225 $ 370,631
Balance at the end (in shares) at Jun. 30, 2025 180,714,274        
Balance at the beginning at Mar. 31, 2025 $ 18 593,144 (196,302) 212 397,072
Balance at the beginning (in shares) at Mar. 31, 2025 182,448,276        
Changes in stockholder's equity          
Net loss     (25,338)   (25,338)
Withholding of employee taxes related to stock-based compensation   (298)     (298)
Shares of common stock issued under ESPP   156     156
Shares of common stock issued under ESPP (in shares) 180,091        
Shares of common stock issued for vested RSUs (in Shares) 1,096,546        
Stock options exercised   478     $ 478
Stock options exercised (in shares) 350,757       350,757
Repurchase and retirement of shares of common stock   (3,537)     $ (3,537)
Repurchase and retirement of shares of common stock (in shares) (3,361,396)       (3,361,396)
Remeasurement of mezzanine equity     (68)   $ (68)
Unrealized gain on available-for-sale securities       13 13
Stock-based compensation expense   2,153     2,153
Balance at the end at Jun. 30, 2025 $ 18 $ 592,096 $ (221,708) $ 225 $ 370,631
Balance at the end (in shares) at Jun. 30, 2025 180,714,274