v3.25.2
CONDENSED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
At The Market
Common Stock
Common Stock
At The Market
Additional Paid-In Capital
Additional Paid-In Capital
At The Market
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Beginning balance at Dec. 31, 2023 $ 147,035   $ 3   $ 631,611   $ 103 $ (484,682)
Beginning balance, shares at Dec. 31, 2023     4,299,789          
Issuances of common stock under employee stock plans 67       67      
Issuances of common stock under employee stock plans, shares     4,509          
Issuance of common stock, net of issuance costs   $ 8,969       $ 8,969    
Issuance of common stock, net of issuance costs, shares       45,665        
Stock-based compensation 5,398       5,398      
Unrealized loss on marketable securities (113)           (113)  
Net loss (30,521)             (30,521)
Ending balance at Mar. 31, 2024 130,835   $ 3   646,045   (10) (515,203)
Ending balance, shares at Mar. 31, 2024     4,349,963          
Beginning balance at Dec. 31, 2023 147,035   $ 3   631,611   103 (484,682)
Beginning balance, shares at Dec. 31, 2023     4,299,789          
Unrealized loss on marketable securities (150)              
Net loss (58,184)              
Ending balance at Jun. 30, 2024 109,220   $ 3   652,130   (47) (542,866)
Ending balance, shares at Jun. 30, 2024     4,362,935          
Beginning balance at Mar. 31, 2024 130,835   $ 3   646,045   (10) (515,203)
Beginning balance, shares at Mar. 31, 2024     4,349,963          
Issuances of common stock under employee stock plans 701       701      
Issuances of common stock under employee stock plans, shares     12,972          
Stock-based compensation 5,384       5,384      
Unrealized loss on marketable securities (37)           (37)  
Net loss (27,663)             (27,663)
Ending balance at Jun. 30, 2024 109,220   $ 3   652,130   (47) (542,866)
Ending balance, shares at Jun. 30, 2024     4,362,935          
Beginning balance at Dec. 31, 2024 189,904   $ 13   804,388   50 (614,547)
Beginning balance, shares at Dec. 31, 2024     16,500,835          
Stock-based compensation 4,648       4,648      
Unrealized loss on marketable securities (15)           (15)  
Net loss (17,165)             (17,165)
Ending balance at Mar. 31, 2025 177,372   $ 13   809,036   35 (631,712)
Ending balance, shares at Mar. 31, 2025     16,500,835          
Beginning balance at Dec. 31, 2024 189,904   $ 13   804,388   50 (614,547)
Beginning balance, shares at Dec. 31, 2024     16,500,835          
Unrealized loss on marketable securities (34)              
Net loss (34,808)              
Ending balance at Jun. 30, 2025 164,408   $ 13   813,734   16 (649,355)
Ending balance, shares at Jun. 30, 2025     16,536,069          
Beginning balance at Mar. 31, 2025 177,372   $ 13   809,036   35 (631,712)
Beginning balance, shares at Mar. 31, 2025     16,500,835          
Issuances of common stock under employee stock plans 161       161      
Issuances of common stock under employee stock plans, shares     35,234          
Stock-based compensation 4,537       4,537      
Unrealized loss on marketable securities (19)           (19)  
Net loss (17,643)             (17,643)
Ending balance at Jun. 30, 2025 $ 164,408   $ 13   $ 813,734   $ 16 $ (649,355)
Ending balance, shares at Jun. 30, 2025     16,536,069