v3.25.3
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (DEFICIT) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Beginning balance (in shares) at Dec. 31, 2023   20,736,612    
Beginning balance at Dec. 31, 2023 $ 12,656 $ 21 $ 737,810 $ (725,175)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issuance of common stock (and warrants) (in shares)   517,688    
Issuance of common stock 1,160   1,160  
Stock-based compensation costs 679   679  
Vesting of restricted stock units (in shares)   2,595    
Net loss (20,749)     (20,749)
Ending balance (in shares) at Mar. 31, 2024   21,256,895    
Ending balance at Mar. 31, 2024 (6,254) $ 21 739,649 (745,924)
Beginning balance (in shares) at Dec. 31, 2023   20,736,612    
Beginning balance at Dec. 31, 2023 12,656 $ 21 737,810 (725,175)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net loss (48,158)      
Ending balance (in shares) at Sep. 30, 2024   24,132,592    
Ending balance at Sep. 30, 2024 (23,134) $ 21 750,177 (773,332)
Beginning balance (in shares) at Mar. 31, 2024   21,256,895    
Beginning balance at Mar. 31, 2024 (6,254) $ 21 739,649 (745,924)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issuance of common stock (and warrants) (in shares)   2,474,859    
Issuance of common stock 8,898   8,898  
Stock-based compensation costs 801   801  
Vesting of restricted stock units (in shares)   290,397    
5-Year Private Warrants transferred to 5-Year Public Warrants 5   5  
Net loss (13,180)     (13,180)
Ending balance (in shares) at Jun. 30, 2024   24,022,151    
Ending balance at Jun. 30, 2024 (9,730) $ 21 749,353 (759,104)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issuance of common stock (and warrants) (in shares)   89,118    
Issuance of common stock 220   220  
Stock-based compensation costs 604   604  
Vesting of restricted stock units (in shares)   21,323    
Net loss (14,228)     (14,228)
Ending balance (in shares) at Sep. 30, 2024   24,132,592    
Ending balance at Sep. 30, 2024 $ (23,134) $ 21 750,177 (773,332)
Beginning balance (in shares) at Dec. 31, 2024 24,875,587 24,875,587    
Beginning balance at Dec. 31, 2024 $ (33,415) $ 21 752,630 (786,066)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issuance of common stock (and warrants) (in shares)   108,072    
Issuance of common stock $ 139 $ 0 139  
Voluntary surrender of shares by shareholder (in shares) (301)      
Stock-based compensation costs $ 529   529  
Net loss (11,759)     (11,759)
Ending balance (in shares) at Mar. 31, 2025   24,983,358    
Ending balance at Mar. 31, 2025 $ (44,506) $ 21 753,298 (797,825)
Beginning balance (in shares) at Dec. 31, 2024 24,875,587 24,875,587    
Beginning balance at Dec. 31, 2024 $ (33,415) $ 21 752,630 (786,066)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net loss $ (32,872)      
Ending balance (in shares) at Sep. 30, 2025 54,583,513 54,583,513    
Ending balance at Sep. 30, 2025 $ 47,485 $ 24 866,399 (818,938)
Beginning balance (in shares) at Mar. 31, 2025   24,983,358    
Beginning balance at Mar. 31, 2025 (44,506) $ 21 753,298 (797,825)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issuance of common stock (and warrants) (in shares)   12,500,000    
Issuance of common stock and warrants 40,349 $ 1 40,348  
Stock-based compensation costs 635   635  
Vesting of restricted stock units (in shares)   355,121    
Net loss (11,737)     (11,737)
Ending balance (in shares) at Jun. 30, 2025   37,838,479    
Ending balance at Jun. 30, 2025 (15,259) $ 22 794,281 (809,562)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issuance of common stock (and warrants) (in shares)   16,212,409    
Issuance of common stock and warrants 69,515 $ 2 69,513  
Stock-based compensation costs 368   368  
Exercise of warrants (in shares)   532,625    
Exercise of warrants 2,237   2,237  
Net loss $ (9,376)     (9,376)
Ending balance (in shares) at Sep. 30, 2025 54,583,513 54,583,513    
Ending balance at Sep. 30, 2025 $ 47,485 $ 24 $ 866,399 $ (818,938)