v3.25.2
Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Deficit [Member]
A T M Agreement [Member]
A T M Agreement [Member]
Common Stock [Member]
A T M Agreement [Member]
Additional Paid-in Capital [Member]
Balances (in shares) at Dec. 31, 2023 [1]   28,180,985            
Balances at Dec. 31, 2023 [1] $ 75,179 $ 28   $ 227,591 $ (152,440)      
Issuance of common stock and Pre-funded Warrants, net, shares [1],[2]   30,475,187            
Issuance of common stock and Pre-funded Warrants, net [1],[2] 166,214 $ 31 $ 166,183          
Issuance of common stock pursuant to exercise options (in shares) [1]   35,424 126          
Issuance of common stock pursuant to exercise of options [1] 126              
Share-based compensation 656   $ 656          
Net loss (12,284)       (12,284)      
Balances (in shares) at Mar. 31, 2024 [1]   58,691,596            
Balances at Mar. 31, 2024 [1] 229,891 $ 59   394,556 (164,724)      
Balances (in shares) at Dec. 31, 2023 [1]   28,180,985            
Balances at Dec. 31, 2023 [1] 75,179 $ 28   227,591 (152,440)      
Unrealized gain on available-for-sale securities (0)              
Net loss (23,988)              
Balances (in shares) at Jun. 30, 2024   67,425,167            
Balances at Jun. 30, 2024 340,997 $ 67   517,358 (176,428)      
Balances (in shares) at Mar. 31, 2024 [1]   58,691,596            
Balances at Mar. 31, 2024 [1] 229,891 $ 59   394,556 (164,724)      
Issuance of common stock and Pre-funded Warrants, net, shares [2]   8,686,834            
Issuance of common stock and Pre-funded Warrants, net [2] 121,841 $ 8 $ 121,833          
Issuance of common stock pursuant to exercise options (in shares)   24,450 128          
Issuance of common stock pursuant to exercise of options 128              
Issuance of stock pursuant to exercise of common stock warrants 123   $ 123          
Issuance of common stock pursuant to exercise of warrants (in shares)   22,401            
Unrealized gain on available-for-sale securities (0)              
Share-based compensation 719   719          
Cancellation of fractional shares due to the 1-for-10 reverse stock split (1)   (1)          
Cancellation of fractional shares due to the 1-for-10 reverse stock split (in shares)   (114)            
Net loss (11,704)       (11,704)      
Balances (in shares) at Jun. 30, 2024   67,425,167            
Balances at Jun. 30, 2024 340,997 $ 67   517,358 (176,428)      
Balances (in shares) at Dec. 31, 2024   70,671,464            
Balances at Dec. 31, 2024 290,668 $ 70 522,368 (51) (231,719)      
Issuance of common stock, net (in shares)             3,379,377  
Issuance of common stock, net           $ 9,986 $ 3 $ 9,983
Unrealized gain on available-for-sale securities 70     70        
Share-based compensation 2,098   2,098          
Net loss (18,177)       (18,177)      
Balances (in shares) at Mar. 31, 2025   74,050,841            
Balances at Mar. 31, 2025 284,645 $ 73 534,449 19 (249,896)      
Balances (in shares) at Dec. 31, 2024   70,671,464            
Balances at Dec. 31, 2024 290,668 $ 70 522,368 (51) (231,719)      
Unrealized gain on available-for-sale securities 54              
Net loss (39,662)              
Balances (in shares) at Jun. 30, 2025   74,262,990            
Balances at Jun. 30, 2025 265,692 $ 74 536,996 3 (271,381)      
Balances (in shares) at Mar. 31, 2025   74,050,841            
Balances at Mar. 31, 2025 284,645 $ 73 534,449 19 (249,896)      
Issuance of common stock pursuant to exercise options (in shares)   66,297            
Issuance of common stock pursuant to exercise of options 145   145          
Issuance of stock pursuant to the exercise of Pre-funded Warrants, net, shares   145,852            
Issuance of stock pursuant to the exercise of Pre-funded Warrants, net   $ 1 (1)          
Stock Issued During Period Shares Prefunded Warrants Exercised   145,852            
Unrealized gain on available-for-sale securities (16)     (16)        
Share-based compensation 2,403   2,403          
Net loss (21,485)       (21,485)      
Balances (in shares) at Jun. 30, 2025   74,262,990            
Balances at Jun. 30, 2025 $ 265,692 $ 74 $ 536,996 $ 3 $ (271,381)      
[1]

1. Amounts for prior periods presented have been retroactively adjusted to reflect the 1-for-10 reverse stock split effected on June 14, 2024. See Note 1 for details.
[2]

2. See Note 3, Investments and Agreements, for additional information.