v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Beginning Balance at Dec. 31, 2024 $ (96,664) $ 13 [1] $ 553,623 $ 22 $ (456,994)
Beginning Balance, Shares at Dec. 31, 2024 [1]   6,238,799      
Issuance of common stock upon vesting of RSUs, net of shares withheld for taxes, and exercise of stock options (55)   (55)    
Issuance of common stock upon vesting of RSUs, net of shares withheld for taxes, and exercise of stock options, shares [1]   3,769      
Issuance costs for private placement 12   12    
Stock-based compensation expense 1,933   1,933    
Other comprehensive income (loss) 1     1  
Net loss (32,486)       (32,486)
Ending Balance at Mar. 31, 2025 66,069 $ 13 [1] 555,513 (23) (489,480)
Ending Balance, Shares at Mar. 31, 2025 [1]   6,242,568      
Beginning Balance at Dec. 31, 2025 $ (164,312) [2] $ 18 [1] 988,604 41 (1,152,975)
Beginning Balance, Shares at Dec. 31, 2025 38,720,196 38,720,196 [1]      
Issuance of common stock upon vesting of RSUs, net of shares withheld for taxes, and exercise of stock options $ (2)   (2)    
Issuance of common stock upon vesting of RSUs, net of shares withheld for taxes, and exercise of stock options, shares [1]   352      
Issuance of common stock from private placement, net of issuance costs, shares [1]   5,338,078      
Issuance of common stock from private placement, net of issuance costs 74,906   74,906    
Stock-based compensation expense 8,870   8,870    
Issuance of common stock from exercise of pre-funded warrants 150,446 $ 1 [1] 150,445    
Issuance of common stock from exercise of pre-funded warrants, shares [1]   10,126,956      
Other comprehensive income (loss) (747)     (747)  
Net loss (219,585)       (219,585)
Ending Balance at Mar. 31, 2026 $ (150,424) [2] $ 19 [1] $ 1,222,823 $ (706) $ (1,372,560)
Ending Balance, Shares at Mar. 31, 2026 54,185,582 54,185,582 [1]      
[1] All share and per share amounts have been restated for prior periods on a retroactive basis to reflect a one-for-twenty reverse stock split effected in September 2025. See Note 2 for details.
[2] All share and per share amounts have been restated for prior periods on a retroactive basis to reflect a one-for-twenty reverse stock split effected in September 2025. See Note 2 for details.