v3.26.1
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (unaudited) - USD ($)
$ in Thousands
Total
ATM facility
Common Stock
Common Stock
ATM facility
Additional Paid-In Capital
Additional Paid-In Capital
ATM facility
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Beginning balance at Dec. 31, 2024 $ 202,957   $ 9   $ 752,961   $ (23) $ (549,990)
Beginning balance, shares at Dec. 31, 2024     85,171,146          
Proceeds from sales of common stock under, net   $ 17,782       $ 17,782    
Proceeds from sales of common stock, net, shares       3,064,152        
Proceeds from exercise of stock options 180       180      
Proceeds from exercise of stock options, shares     78,417          
Restricted stock units vested, shares     142,313          
Proceeds from ESPP 624       624      
Proceeds from ESPP, shares     193,738          
Stock-based compensation 5,049       5,049      
Foreign currency translation adjustment 99           99  
Unrealized loss on available-for-sale debt securities (56)           (56)  
Net loss (35,806)             (35,806)
Ending balance at Jun. 30, 2025 190,829   $ 9   776,596   20 (585,796)
Ending balance, shares at Jun. 30, 2025     88,649,766          
Beginning balance at Mar. 31, 2025 207,345   $ 9   773,094   (18) (565,740)
Beginning balance, shares at Mar. 31, 2025     88,319,290          
Proceeds from exercise of stock options 48       48      
Proceeds from exercise of stock options, shares     16,395          
Restricted stock units vested, shares     120,343          
Proceeds from ESPP 624       624      
Proceeds from ESPP, shares     193,738          
Stock-based compensation 2,830       2,830      
Foreign currency translation adjustment 66           66  
Unrealized loss on available-for-sale debt securities (28)           (28)  
Net loss (20,056)             (20,056)
Ending balance at Jun. 30, 2025 190,829   $ 9   776,596   20 (585,796)
Ending balance, shares at Jun. 30, 2025     88,649,766          
Beginning balance at Dec. 31, 2025 261,185   $ 10   892,331   104 (631,260)
Beginning balance, shares at Dec. 31, 2025     102,475,891          
Proceeds from sales of common stock under, net   25,503       25,503    
Proceeds from sales of common stock, net, shares       2,827,155        
Proceeds from exercise of stock options 2,947       2,947      
Proceeds from exercise of stock options, shares     838,475          
Restricted stock units vested, shares     28,197          
Proceeds from ESPP 929       929      
Proceeds from ESPP, shares     197,710          
Stock-based compensation 6,534       6,534      
Foreign currency translation adjustment (19)           (19)  
Unrealized loss on available-for-sale debt securities (203)           (203)  
Net loss (61,715)             (61,715)
Ending balance at Jun. 30, 2026 235,161   $ 10   928,244   (118) (692,975)
Ending balance, shares at Jun. 30, 2026     106,367,428          
Beginning balance at Mar. 31, 2026 254,765   $ 10   916,117   (70) (661,292)
Beginning balance, shares at Mar. 31, 2026     104,691,704          
Proceeds from sales of common stock under, net   $ 4,551       $ 4,551    
Proceeds from sales of common stock, net, shares       700,000        
Proceeds from exercise of stock options 2,666       2,666      
Proceeds from exercise of stock options, shares     753,272          
Restricted stock units vested, shares     24,742          
Proceeds from ESPP 929       929      
Proceeds from ESPP, shares     197,710          
Stock-based compensation 3,981       3,981      
Foreign currency translation adjustment 7           7  
Unrealized loss on available-for-sale debt securities (55)           (55)  
Net loss (31,683)             (31,683)
Ending balance at Jun. 30, 2026 $ 235,161   $ 10   $ 928,244   $ (118) $ (692,975)
Ending balance, shares at Jun. 30, 2026     106,367,428