v3.25.2
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Non-voting Common Stock
Voting Common Stock
Common Stock
Non-voting Common Stock
Common Stock
Voting Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Loss
Accumulated Deficit
Balances at Dec. 31, 2023 $ 150,867     $ 1 $ 4 $ 398,459   $ (247,597)
Balances, shares at Dec. 31, 2023       4,276,588 43,552,941      
Exercise of stock options 442         442    
Exercise of stock options, shares         145,149      
Issuance of common stock, net of offering costs 33,131       $ 1 33,130    
Issuance of common stock, net of offering costs, shares         4,958,068      
Issuance of pre-funded warrants, net of offering costs 128,272         128,272    
Stock-based compensation expense 4,312         4,312    
Net loss (61,803)             (61,803)
Balances at Jun. 30, 2024 255,221     $ 1 $ 5 564,615   (309,400)
Balances, shares at Jun. 30, 2024       4,276,588 48,656,158      
Balances at Mar. 31, 2024 122,967     $ 1 $ 4 400,701   (277,739)
Balances, shares at Mar. 31, 2024       4,276,588 43,628,149      
Exercise of stock options 183         183    
Exercise of stock options, shares         69,941      
Issuance of common stock, net of offering costs 33,131       $ 1 33,130    
Issuance of common stock, net of offering costs, shares         4,958,068      
Issuance of pre-funded warrants, net of offering costs 128,272         128,272    
Stock-based compensation expense 2,329         2,329    
Net loss (31,661)             (31,661)
Balances at Jun. 30, 2024 255,221     $ 1 $ 5 564,615   (309,400)
Balances, shares at Jun. 30, 2024       4,276,588 48,656,158      
Balances at Dec. 31, 2024 240,970     $ 1 $ 5 616,009 $ 51 (375,096)
Balances, shares at Dec. 31, 2024   4,276,588 52,314,039 4,276,588 52,314,039      
Issuance of common stock under ESPP plan 191         191    
Issuance of common stock under ESPP plan, shares         157,366      
Stock-based compensation expense 6,687         6,687    
Net loss (71,079)             (71,079)
Unrealized loss on available-for-sale securities (55)           (55)  
Balances at Jun. 30, 2025 176,714     $ 1 $ 5 622,887 (4) (446,175)
Balances, shares at Jun. 30, 2025   4,276,588 52,471,405 4,276,588 52,471,405      
Balances at Mar. 31, 2025 210,202     $ 1 $ 5 619,423 (4) (409,223)
Balances, shares at Mar. 31, 2025       4,276,588 52,314,039      
Issuance of common stock under ESPP plan 191         191    
Issuance of common stock under ESPP plan, shares         157,366      
Stock-based compensation expense 3,273         3,273    
Net loss (36,952)             (36,952)
Balances at Jun. 30, 2025 $ 176,714     $ 1 $ 5 $ 622,887 $ (4) $ (446,175)
Balances, shares at Jun. 30, 2025   4,276,588 52,471,405 4,276,588 52,471,405