Stockholders' equity |
3 Months Ended | ||
|---|---|---|---|
Mar. 31, 2026 | |||
| Stockholders' equity | |||
| Stockholders' equity |
Common Stock Warrants We had common stock warrants exercisable for 102,718 shares of common stock upon conversion at a weighted average exercise price of $12.66 per share outstanding as of March 31, 2026 and December 31, 2025. At-the-Market (“ATM”) Offering We issued 543,462 shares of common stock for gross proceeds of $9.5 million under the ATM offering during the year ended December 31, 2025. On November 4, 2025, we and the agent mutually agreed to terminate the Equity Distribution Agreement for the ATM, effective on November 6, 2025. On January 12, 2026, we entered into an Open Market Sale AgreementSM (the “Sale Agreement”) with Jefferies LLC, as agent. Pursuant to the terms of the Sale Agreement, we may offer and sell, from time to time at our sole discretion, shares of common stock having an aggregate offering price up to $50.0 million in an ATM offering, to or through the agent.
|