v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (DEFICIT) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Treasury Stock
Beginning balance (in shares) at Dec. 31, 2023   296,276,536      
Beginning balance (in shares) at Dec. 31, 2023         (5,318,674)
Beginning balance at Dec. 31, 2023 $ 491,336 $ 296 $ 627,822 $ (136,777) $ (5)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common shares, net of offering costs - At-the-market offering (in shares)   34,872,380      
Issuance of common shares, net of offering costs - At-the-market offering 160,404 $ 35 160,369    
Delivery of common stock underlying restricted stock units, net of shares settled for tax withholding settlement (in shares)   4,408,956     1,622,772
Delivery of common stock underlying restricted stock units, net of shares settled for tax withholding settlement (7,232) $ 5 (7,235)   $ (2)
Share-based compensation 21,654   21,654    
Net (loss) income 24,609     24,609  
Ending balance (in shares) at Jun. 30, 2024   335,557,872      
Ending balance (in shares) at Jun. 30, 2024         (6,941,446)
Ending balance at Jun. 30, 2024 690,771 $ 336 802,610 (112,168) $ (7)
Beginning balance (in shares) at Mar. 31, 2024   312,649,102      
Beginning balance (in shares) at Mar. 31, 2024         (6,105,772)
Beginning balance at Mar. 31, 2024 600,924 $ 313 697,494 (96,877) $ (6)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common shares, net of offering costs - At-the-market offering (in shares)   20,626,145      
Issuance of common shares, net of offering costs - At-the-market offering 95,857 $ 21 95,836    
Delivery of common stock underlying restricted stock units, net of shares settled for tax withholding settlement (in shares)   2,282,625     835,674
Delivery of common stock underlying restricted stock units, net of shares settled for tax withholding settlement (4,056) $ 2 (4,057)   $ (1)
Share-based compensation 13,337   13,337    
Net (loss) income (15,291)     (15,291)  
Ending balance (in shares) at Jun. 30, 2024   335,557,872      
Ending balance (in shares) at Jun. 30, 2024         (6,941,446)
Ending balance at Jun. 30, 2024 $ 690,771 $ 336 802,610 (112,168) $ (7)
Beginning balance (in shares) at Dec. 31, 2024 361,432,449 361,432,449      
Beginning balance (in shares) at Dec. 31, 2024 (10,648,632)       (10,648,632)
Beginning balance at Dec. 31, 2024 $ 681,953 $ 361 863,015 (181,412) $ (11)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common shares, net of offering costs - At-the-market offering (in shares)   23,334,701      
Issuance of common shares, net of offering costs - At-the-market offering 85,665 $ 23 85,642    
Treasury stock reissued for PIPE Investment 50,000   49,990   $ 10
Treasury stock reissued for PIPE Investment (in shares)         10,438,413
Delivery of common stock underlying restricted stock units, net of shares settled for tax withholding settlement (in shares)   3,356,438     1,154,823
Delivery of common stock underlying restricted stock units, net of shares settled for tax withholding settlement (4,316) $ 4 (4,319)   $ (1)
Share-based compensation 20,358   20,358    
Net (loss) income $ (84,756)     (84,756)  
Ending balance (in shares) at Jun. 30, 2025 388,123,588 388,123,588      
Ending balance (in shares) at Jun. 30, 2025 (1,365,042)       (1,365,042)
Ending balance at Jun. 30, 2025 $ 748,904 $ 388 1,014,686 (266,168) $ (2)
Beginning balance (in shares) at Mar. 31, 2025   371,313,598      
Beginning balance (in shares) at Mar. 31, 2025         (455,899)
Beginning balance at Mar. 31, 2025 734,795 $ 371 954,812 (220,387) $ (1)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common shares, net of offering costs - At-the-market offering (in shares)   14,185,254      
Issuance of common shares, net of offering costs - At-the-market offering 51,486 $ 14 51,472    
Delivery of common stock underlying restricted stock units, net of shares settled for tax withholding settlement (in shares)   2,624,736     909,143
Delivery of common stock underlying restricted stock units, net of shares settled for tax withholding settlement (3,173) $ 3 (3,175)   $ (1)
Share-based compensation 11,577   11,577    
Net (loss) income $ (45,781)     (45,781)  
Ending balance (in shares) at Jun. 30, 2025 388,123,588 388,123,588      
Ending balance (in shares) at Jun. 30, 2025 (1,365,042)       (1,365,042)
Ending balance at Jun. 30, 2025 $ 748,904 $ 388 $ 1,014,686 $ (266,168) $ (2)