v3.26.1
Condensed Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive (Loss) Income
Accumulated Deficit
Total
Balance, Beginning at Dec. 31, 2024 $ 1 $ 1,015,898 $ (82) $ (340,522) $ 675,295
Balance, Beginning (in shares) at Dec. 31, 2024 61,035,139        
Increase (Decrease) in Stockholders' Equity          
Issuance of common stock under equity incentive and employee stock purchase plans   14,847     14,847
Issuance of common stock under equity incentive and employee stock purchase plans (in shares) 1,085,069        
Shares withheld for net settlement of tax withholding upon vesting of restricted stock units   (479)     (479)
Shares withheld for net settlement of tax withholding upon vesting of restricted stock units (in shares) (12,636)        
Stock-based compensation expense   24,714     24,714
Other comprehensive income (loss)     67   67
Net income (loss)       (46,426) (46,426)
Balance, Ending at Jun. 30, 2025 $ 1 1,054,980 (15) (386,948) 668,018
Balance, Ending (in shares) at Jun. 30, 2025 62,107,572        
Balance, Beginning at Mar. 31, 2025 $ 1 1,041,143 85 (352,177) 689,052
Balance, Beginning (in shares) at Mar. 31, 2025 61,928,760        
Increase (Decrease) in Stockholders' Equity          
Issuance of common stock under equity incentive and employee stock purchase plans   2,925     2,925
Issuance of common stock under equity incentive and employee stock purchase plans (in shares) 178,812        
Stock-based compensation expense   10,912     10,912
Other comprehensive income (loss)     (100)   (100)
Net income (loss)       (34,771) (34,771)
Balance, Ending at Jun. 30, 2025 $ 1 1,054,980 (15) (386,948) 668,018
Balance, Ending (in shares) at Jun. 30, 2025 62,107,572        
Balance, Beginning at Dec. 31, 2025 $ 1 1,084,736 641 (470,671) $ 614,707
Balance, Beginning (in shares) at Dec. 31, 2025 62,577,897       62,577,897
Increase (Decrease) in Stockholders' Equity          
Issuance of common stock under equity incentive and employee stock purchase plans   33,117     $ 33,117
Issuance of common stock under equity incentive and employee stock purchase plans (in shares) 2,094,135        
Stock-based compensation expense   28,556     28,556
Other comprehensive income (loss)     (1,469)   (1,469)
Net income (loss)       166,632 166,632
Balance, Ending at Jun. 30, 2026 $ 1 1,146,409 (828) (304,039) $ 841,543
Balance, Ending (in shares) at Jun. 30, 2026 64,672,032       64,672,032
Balance, Beginning at Mar. 31, 2026 $ 1 1,122,629 (269) (466,888) $ 655,473
Balance, Beginning (in shares) at Mar. 31, 2026 64,227,057        
Increase (Decrease) in Stockholders' Equity          
Issuance of common stock under equity incentive and employee stock purchase plans   9,743     9,743
Issuance of common stock under equity incentive and employee stock purchase plans (in shares) 444,975        
Stock-based compensation expense   14,037     14,037
Other comprehensive income (loss)     (559)   (559)
Net income (loss)       162,849 162,849
Balance, Ending at Jun. 30, 2026 $ 1 $ 1,146,409 $ (828) $ (304,039) $ 841,543
Balance, Ending (in shares) at Jun. 30, 2026 64,672,032       64,672,032