v3.25.2
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Loss
Accumulated Deficit
Noncontrolling Interest
Balances Begning at Dec. 31, 2023 $ 453,895   $ 4 $ 654,685 $ (129) $ (200,857) $ 192
Balances, shares Begning at Dec. 31, 2023   647,500 42,900,083        
Issuance of common stock under equity-based compensation plans 1,085   165,562 1,085      
Equity-based compensation $ 8,227     $ 8,227      
Unrealized gain on investments (202)       (202)    
Net Loss (37,340)         (37,148) (192)
Balances Ending at Mar. 31, 2024 425,665   $ 4 663,997 (331) (238,005)  
Balances, shares Ending at Mar. 31, 2024   647,500 43,065,645        
Balances Begning at Dec. 31, 2023 453,895   $ 4 654,685 (129) (200,857) $ 192
Balances, shares Begning at Dec. 31, 2023   647,500 42,900,083        
Acquisition of noncontrolling interests (3,792)            
Unrealized gain on investments (347)            
Net Loss (79,368)            
Balances Ending at Jun. 30, 2024 656,221   $ 6 936,724 (476) (280,033)  
Balances, shares Ending at Jun. 30, 2024   647,500 57,871,638        
Balances Begning at Mar. 31, 2024 425,665   $ 4 663,997 (331) (238,005)  
Balances, shares Begning at Mar. 31, 2024   647,500 43,065,645        
Issuance of common stock and pre-funded warrants net of issuance costs, Shares     14,421,070        
Issuance of common stock and pre-funded warrants, net of issuance costs 262,652   $ 1 262,651      
Issuance of common stock under equity-based compensation plans 3,336   $ 1 3,335      
Issuance of common stock under equity-based compensation plans     384,923        
Equity-based compensation 10,533     10,533      
Acquisition of noncontrolling interests (3,792)     3,792      
Unrealized gain on investments (145)       (145)    
Net Loss (42,028)         (42,028)  
Balances Ending at Jun. 30, 2024 656,221   $ 6 936,724 (476) (280,033)  
Balances, shares Ending at Jun. 30, 2024   647,500 57,871,638        
Balances Begning at Dec. 31, 2024 590,328   $ 6 958,695 (133) (368,240)  
Balances, shares Begning at Dec. 31, 2024   647,500 58,510,610        
Issuance of common stock under equity-based compensation plans     188,309        
Equity-based compensation 9,374     9,374      
Unrealized gain on investments 638       638    
Net Loss (48,501)         (48,501)  
Balances Ending at Mar. 31, 2025 551,839   $ 6 968,069 505 (416,741)  
Balances, shares Ending at Mar. 31, 2025   647,500 58,698,919        
Balances Begning at Dec. 31, 2024 590,328   $ 6 958,695 (133) (368,240)  
Balances, shares Begning at Dec. 31, 2024   647,500 58,510,610        
Acquisition of noncontrolling interests 0            
Unrealized gain on investments 740            
Net Loss (118,556)            
Balances Ending at Jun. 30, 2025 492,146   $ 6 978,329 607 (486,796)  
Balances, shares Ending at Jun. 30, 2025   647,500 59,074,391        
Balances Begning at Mar. 31, 2025 551,839   $ 6 968,069 505 (416,741)  
Balances, shares Begning at Mar. 31, 2025   647,500 58,698,919        
Issuance of Common Stock Upon Exercise of Pre-funded Warrants     315,748        
Issuance of common stock and pre-funded warrants, net of issuance costs 373     373      
Issuance of common stock under equity-based compensation plans     59,724        
Equity-based compensation 9,887     9,887      
Unrealized gain on investments 102       102    
Net Loss (70,055)         (70,055)  
Balances Ending at Jun. 30, 2025 $ 492,146   $ 6 $ 978,329 $ 607 $ (486,796)  
Balances, shares Ending at Jun. 30, 2025   647,500 59,074,391