v3.26.1
Consolidated Statements of Changes in Stockholders' Equity (Deficit) - USD ($)
$ in Thousands
Total
Public Stock Offering
Registered Direct Offerings
Jefferies ATM Facility
TD Cowen ATM Facility
Common Stock
Common Stock
Public Stock Offering
Common Stock
Registered Direct Offerings
Common Stock
Jefferies ATM Facility
Common Stock
TD Cowen ATM Facility
Additional Paid-in Capital
Additional Paid-in Capital
Public Stock Offering
Additional Paid-in Capital
Registered Direct Offerings
Additional Paid-in Capital
Jefferies ATM Facility
Additional Paid-in Capital
TD Cowen ATM Facility
Accumulated Deficit
Beginning balance (in shares) at Dec. 31, 2024           130,027,509                    
Beginning balance at Dec. 31, 2024 $ (52,669)         $ 13         $ 633,333         $ (686,015)
Issuance of common stock (in shares)             25,000,000   75,793              
Issuance of common stock   $ 46,660   $ 370     $ 3         $ 46,657   $ 370    
Proceeds from the exercise of stock options (in shares)           15,514                    
Proceeds from the exercise of stock options 56                   56          
Stock-based compensation 2,487                   2,487          
Net (loss) income 39,139                             39,139
Ending balance (in shares) at Mar. 31, 2025           155,118,816                    
Ending balance at Mar. 31, 2025 $ 36,043         $ 16         682,903         (646,876)
Beginning balance (in shares) at Dec. 31, 2025 193,000,611         193,000,611                    
Beginning balance at Dec. 31, 2025 $ 3,109         $ 20         729,937         (726,848)
Issuance of common stock (in shares)               25,000,000   4,018,497            
Issuance of common stock     $ 18,319   $ 4,645     $ 3         $ 18,316   $ 4,645  
Proceeds from the exercise of stock options (in shares) 0                              
Stock-based compensation $ 3,170                   3,170          
Net (loss) income $ (17,619)                             (17,619)
Ending balance (in shares) at Mar. 31, 2026 222,019,108         222,019,108                    
Ending balance at Mar. 31, 2026 $ 11,624         $ 23         $ 756,068         $ (744,467)