v3.25.2
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Deficit [Member]
Beginning balance at Dec. 31, 2023 $ 236,198   $ 469,396 $ 39 $ (233,237)
Beginning balance, Shares at Dec. 31, 2023   47,823,232      
Common stock issuance 5,746   5,746    
Stock-based compensation 3,791   3,791    
Common stock issuance, Shares   258,070      
Net unrealized losses on available-for-sale securities (77)     (77)  
Issuance of common stock in connection with exercise of stock options 1,109   1,109    
Issuance of common stock in connection with exercise of stock options, Shares   167,813      
Net Income (Loss) (25,047)       (25,047)
Ending balance at Mar. 31, 2024 221,720   480,042 (38) (258,284)
Ending balance, Shares at Mar. 31, 2024   48,249,115      
Beginning balance at Dec. 31, 2023 236,198   469,396 39 (233,237)
Beginning balance, Shares at Dec. 31, 2023   47,823,232      
Net Income (Loss) (52,649)        
Ending balance at Jun. 30, 2024 199,519   485,434 (29) (285,886)
Ending balance, Shares at Jun. 30, 2024   48,291,469      
Beginning balance at Dec. 31, 2023 236,198   469,396 39 (233,237)
Beginning balance, Shares at Dec. 31, 2023   47,823,232      
Ending balance at Dec. 31, 2024 $ 152,335 $ 1 501,435   (349,101)
Ending balance, Shares at Dec. 31, 2024 50,743,101 50,743,101      
Beginning balance at Mar. 31, 2024 $ 221,720   480,042 (38) (258,284)
Beginning balance, Shares at Mar. 31, 2024   48,249,115      
Stock-based compensation 5,013   5,013    
Net unrealized losses on available-for-sale securities 9     9  
Issuance of common stock in connection with exercise of stock options 250   250    
Issuance of common stock in connection with exercise of stock options, Shares   27,407      
Issuance of common stock under employee stock purchase plan 129   129    
Issuance of common stock under employee stock purchase plan, shares   14,947      
Net Income (Loss) (27,602)       (27,602)
Ending balance at Jun. 30, 2024 199,519   485,434 (29) (285,886)
Ending balance, Shares at Jun. 30, 2024   48,291,469      
Beginning balance at Dec. 31, 2024 $ 152,335 $ 1 501,435   (349,101)
Beginning balance, Shares at Dec. 31, 2024 50,743,101 50,743,101      
Stock-based compensation $ 5,161   5,161    
Net Income (Loss) (35,943)       (35,943)
Ending balance at Mar. 31, 2025 121,553 $ 1 506,596   (385,044)
Ending balance, Shares at Mar. 31, 2025   50,743,101      
Beginning balance at Dec. 31, 2024 $ 152,335 $ 1 501,435   (349,101)
Beginning balance, Shares at Dec. 31, 2024 50,743,101 50,743,101      
Net Income (Loss) $ (81,071)        
Ending balance at Jun. 30, 2025 $ 178,481 $ 1 608,651 1 (430,172)
Ending balance, Shares at Jun. 30, 2025 91,451,899 91,451,899      
Beginning balance at Mar. 31, 2025 $ 121,553 $ 1 506,596   (385,044)
Beginning balance, Shares at Mar. 31, 2025   50,743,101      
Stock-based compensation 5,705   5,705    
Net unrealized losses on available-for-sale securities 1     1  
Issuance of common stock under employee stock purchase plan 197   197    
Issuance of common stock, warrants and pre-funded warrants, net of issuance costs   39,200,000      
Issuance of common stock, warrants and pre-funded warrants, net of issuance costs, Value 93,558   93,558    
Issuance of common stock from ATM offering   1,384,865      
Issuance of common stock from ATM offering, Amount 2,595   2,595    
Issuance of common stock under employee stock purchase plan, shares   123,933      
Net Income (Loss) (45,128)       (45,128)
Ending balance at Jun. 30, 2025 $ 178,481 $ 1 $ 608,651 $ 1 $ (430,172)
Ending balance, Shares at Jun. 30, 2025 91,451,899 91,451,899