Stockholders' Equity (Deficit)

6 Months Ended

Jun. 30, 2025

10. Stockholders’ Equity (Deficit)

ATM Offering

There were no shares sold under the at-the-market offering (“ATM Offering”) during the three months ended June 30, 2025 and 2024. The following table summarizes information regarding settlements under the ATM Offering for the six months ended June 30, 2025 and 2024:


	Six Months Ended June 30,
(in thousands, except share and per share data)	2025		2024
Number of common stock shares sold during the period		—		650,005
Weighted-average price per share	$	—	$	2.44
Gross proceeds	$	—	$	1,589
Less commissions and fees		—		(40)
Net proceeds after commissions and fees	$	—	$	1,549

As of June 30, 2025, the Company had approximately $64.9 million of its common stock remaining available for sales of common stock from time to time through or to Cowen and Company, LLC as the Company’s sales agent or principal in the ATM Offering.