v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid In Capital
Accumulated Deficit
Accumulated Other Comprehensive Gain (Loss)
Beginning Balance at Dec. 31, 2023 $ 394,971 $ 6 $ 926,269 $ (530,752) $ (552)
Shares, Outstanding, Beginning Balance at Dec. 31, 2023   55,585,305      
Issuance of shares under employee stock purchase plan, Share   64,225      
Issuance of shares under employee stock purchase plan 1,135   1,135    
Issuance of common stock through At-The Market Sales Agreement, net of issuance costs of $1.2 million, Shares   1,519,453      
Issuance of common stock through At-The Market Sales Agreement, net of issuance costs of $1.2 million 48,740   48,740    
Issuance of common stock and accompanying pre-funded warrants from public offering, net of issuance costs 301,373   301,373    
Issuance of common stock and accompanying pre-funded warrants from public offering, net of issuance costs, Shares   3,884,158      
Exercise of stock options 4,562   4,562    
Exercise of stock options, Shares   355,339      
Vesting restricted stock, Shares   163,903      
Stock-based compensation expense 26,309   26,309    
Unrealized loss on marketable securities (1,547)       (1,547)
Net loss (90,619)     (90,619)  
Ending Balance at Jun. 30, 2024 684,924 $ 6 1,308,388 (621,371) (2,099)
Shares, Outstanding, Ending Balance at Jun. 30, 2024   61,572,383      
Beginning Balance at Mar. 31, 2024 711,203 $ 6 1,292,283 (579,309) (1,777)
Shares, Outstanding, Beginning Balance at Mar. 31, 2024   61,353,146      
Issuance of shares under employee stock purchase plan, Share   64,225      
Issuance of shares under employee stock purchase plan 1,134   1,134    
Exercise of stock options 630   630    
Exercise of stock options, Shares   74,318      
Vesting restricted stock, Shares   80,694      
Stock-based compensation expense 14,341   14,341    
Unrealized loss on marketable securities (322)       (322)
Net loss (42,062)     (42,062)  
Ending Balance at Jun. 30, 2024 684,924 $ 6 1,308,388 (621,371) (2,099)
Shares, Outstanding, Ending Balance at Jun. 30, 2024   61,572,383      
Beginning Balance at Dec. 31, 2024 835,619 $ 7 1,591,707 (754,610) (1,485)
Shares, Outstanding, Beginning Balance at Dec. 31, 2024   64,890,193      
Issuance of shares under employee stock purchase plan, Share   44,129      
Issuance of shares under employee stock purchase plan 1,112   1,112    
Issuance of common stock and accompanying pre-funded warrants from public offering, net of issuance costs 0   237,294    
Issuance of common stock and accompanying pre-funded warrants from public offering, net of issuance costs, Shares   5,044,500      
Exercise of stock options 8,237   8,237    
Exercise of stock options, Shares   353,738      
Vesting restricted stock, Shares   224,882      
Stock-based compensation expense 29,649   29,649    
Unrealized loss on marketable securities         1,764
Net loss (142,195)     (142,195)  
Ending Balance at Jun. 30, 2025 971,480 $ 7 1,867,999 (896,805) 279
Shares, Outstanding, Ending Balance at Jun. 30, 2025   70,557,442      
Beginning Balance at Mar. 31, 2025 786,233 $ 7 1,606,475 (820,191) (58)
Shares, Outstanding, Beginning Balance at Mar. 31, 2025   65,112,714      
Issuance of shares under employee stock purchase plan, Share   44,129      
Issuance of shares under employee stock purchase plan 1,112   1,112    
Issuance of common stock and accompanying pre-funded warrants from public offering, net of issuance costs 237,294   237,294    
Issuance of common stock and accompanying pre-funded warrants from public offering, net of issuance costs, Shares   5,044,500      
Exercise of stock options 7,703   7,703    
Exercise of stock options, Shares   278,086      
Vesting restricted stock, Shares   78,013      
Stock-based compensation expense 15,415   15,415    
Unrealized loss on marketable securities 337       337
Net loss (76,614)     (76,614)  
Ending Balance at Jun. 30, 2025 $ 971,480 $ 7 $ 1,867,999 $ (896,805) $ 279
Shares, Outstanding, Ending Balance at Jun. 30, 2025   70,557,442