v3.26.1
Condensed Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Balance at Dec. 31, 2024 $ 92,854 $ 8 $ 607,229 $ 28 $ (514,411)
Balance, shares at Dec. 31, 2024   86,542,340      
Issuance of common stock and warrants in follow-on offering, net of issuance costs 48,801 $ 8 48,793    
Issuance of common stock and warrants in follow-on offering, net of issuance costs, shares   75,000,000      
Issuance of common stock upon vesting of restricted stock units, shares   295,191      
Issuance of common stock in connection with at-the market sales, net of issuance costs 912   912    
Issuance of common stock in connection with at-the market sales, net of issuance costs , Shares   822,566      
Stock-based compensation 3,731   3,731    
Other comprehensive loss (38)     (38)  
Net loss (26,864)       (26,864)
Balance at Mar. 31, 2025 119,396 $ 16 660,665 (10) (541,275)
Balance, shares at Mar. 31, 2025   162,660,097      
Balance at Dec. 31, 2024 92,854 $ 8 607,229 28 (514,411)
Balance, shares at Dec. 31, 2024   86,542,340      
Net loss (50,147)        
Balance at Jun. 30, 2025 99,828 $ 16 664,371 (1) (564,558)
Balance, shares at Jun. 30, 2025   162,976,102      
Balance at Mar. 31, 2025 119,396 $ 16 660,665 (10) (541,275)
Balance, shares at Mar. 31, 2025   162,660,097      
Issuance of common stock upon vesting of restricted stock units, shares   196,007      
Issuance of common stock pursuant to employee stock purchase plan 70   70    
Issuance of common stock pursuant to employee stock purchase plan, shares   119,998      
Stock-based compensation 3,636   3,636    
Other comprehensive loss 9     9  
Net loss (23,283)       (23,283)
Balance at Jun. 30, 2025 99,828 $ 16 664,371 $ (1) (564,558)
Balance, shares at Jun. 30, 2025   162,976,102      
Balance at Dec. 31, 2025 123,265 $ 21 728,252   (605,008)
Balance, shares at Dec. 31, 2025   216,760,283      
Issuance of common stock upon vesting of restricted stock units, shares   238,593      
Stock-based compensation 2,196   2,196    
Net loss (19,272)       (19,272)
Balance at Mar. 31, 2026 106,189 $ 21 730,448   (624,280)
Balance, shares at Mar. 31, 2026   216,998,876      
Balance at Dec. 31, 2025 123,265 $ 21 728,252   (605,008)
Balance, shares at Dec. 31, 2025   216,760,283      
Net loss (62,665)        
Balance at Jun. 30, 2026 69,409 $ 22 737,060   (667,673)
Balance, shares at Jun. 30, 2026   224,230,012      
Balance at Mar. 31, 2026 106,189 $ 21 730,448   (624,280)
Balance, shares at Mar. 31, 2026   216,998,876      
Issuance of common stock upon vesting of restricted stock units, shares   201,356      
Issuance of common stock pursuant to employee stock purchase plan 43   43    
Issuance of common stock pursuant to employee stock purchase plan, shares   74,780      
Issuance of common stock upon exercise of warrants, shares   6,955,000      
Issuance of common stock upon exercise of warrants 4,869 $ 1 4,868    
Stock-based compensation 1,701   1,701    
Net loss (43,393)       (43,393)
Balance at Jun. 30, 2026 $ 69,409 $ 22 $ 737,060   $ (667,673)
Balance, shares at Jun. 30, 2026   224,230,012