v3.26.1
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]
2026 Registered Offering [Member]
Pre-funded Warrants [Member]
2026 Registered Offering [Member]
Pre-funded Warrants [Member]
Common Stock [Member]
2026 Registered Offering [Member]
Pre-funded Warrants [Member]
Additional Paid-in Capital [Member]
2024 At-the-Market (ATM) Agreement [Member]
2024 At-the-Market (ATM) Agreement [Member]
Common Stock [Member]
2024 At-the-Market (ATM) Agreement [Member]
Additional Paid-in Capital [Member]
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) [1]                   3,379,377  
Issuance of common stock, net [1]                 $ 9,986 $ 3 $ 9,983
Unrealized gain (loss) 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, 2025   74,337,990                  
Balances at Dec. 31, 2025 207,031 $ 74 541,687 110 (334,840)            
Issuance of common stock, net (in shares) [1]             39,576,088        
Issuance of common stock, net [1]           $ 164,089 $ 40 $ 164,049      
Issuance of common stock pursuant to exercise options (in shares)   103,677                  
Issuance of common stock pursuant to exercise of options 290   290                
Unrealized gain (loss) on available-for-sale securities (336)     (336)              
Share-based compensation 2,553   2,553                
Net loss (26,189)       (26,189)            
Balances (in shares) at Mar. 31, 2026   114,017,755                  
Balances at Mar. 31, 2026 $ 347,438 $ 114 $ 708,579 $ (226) $ (361,029)            
[1]

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