v3.26.1
Condensed Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Common Stock
Additional paid-in capital
Accumulated deficit
Accumulated Other Comprehensive Income (Loss)
Total
Balance at the beginning at Dec. 31, 2024 $ 18 $ 591,394 $ (181,171) $ 39 $ 410,280
Balance at the beginning (in shares) at Dec. 31, 2024 180,364,028        
Changes in stockholder's equity          
Net loss     (15,151)   (15,151)
Withholding of employee taxes related to stock-based compensation   (261)     (261)
Shares of common stock issued for vested RSUs (in Shares) 551,828        
Stock options exercised   181     181
Stock options exercised (in shares) 1,532,420        
Stock-based compensation expense   1,830     1,830
Remeasurement of mezzanine equity     20   20
Unrealized gain on available-for-sale securities       173 173
Balance at the end at Mar. 31, 2025 $ 18 593,144 (196,302) 212 397,072
Balance at the end (in shares) at Mar. 31, 2025 182,448,276        
Balance at the beginning at Dec. 31, 2024 $ 18 591,394 (181,171) 39 410,280
Balance at the beginning (in shares) at Dec. 31, 2024 180,364,028        
Changes in stockholder's equity          
Net loss         $ (40,488)
Shares of common stock issued under the ESPP (in shares)         180,091
Shares of common stock issued for vested RSUs (in Shares) 1,648,374        
Stock options exercised (in shares) 1,883,177        
Repurchase and retirement of shares of common stock (in shares)         (3,361,396)
Balance at the end at Jun. 30, 2025 $ 18 592,096 (221,708) 225 $ 370,631
Balance at the end (in shares) at Jun. 30, 2025 180,714,274        
Balance at the beginning at Mar. 31, 2025 $ 18 593,144 (196,302) 212 397,072
Balance at the beginning (in shares) at Mar. 31, 2025 182,448,276        
Changes in stockholder's equity          
Net loss     (25,338)   (25,338)
Shares of common stock issued under the ESPP   156     $ 156
Shares of common stock issued under the ESPP (in shares) 180,091       180,091
Withholding of employee taxes related to stock-based compensation   (298)     $ (298)
Shares of common stock issued for vested RSUs (in Shares) 1,096,546        
Stock options exercised   478     478
Stock options exercised (in shares) 350,757        
Repurchase and retirement of shares of common stock   (3,537)     $ (3,537)
Repurchase and retirement of shares of common stock (in shares) (3,361,396)       (3,361,396)
Stock-based compensation expense   2,153     $ 2,153
Remeasurement of mezzanine equity     (68)   (68)
Unrealized gain on available-for-sale securities       13 13
Balance at the end at Jun. 30, 2025 $ 18 592,096 (221,708) 225 370,631
Balance at the end (in shares) at Jun. 30, 2025 180,714,274        
Balance at the beginning at Dec. 31, 2025 $ 20 690,234 (274,904) 354 415,704
Balance at the beginning (in shares) at Dec. 31, 2025 201,181,175        
Changes in stockholder's equity          
Net loss     (13,028)   (13,028)
Withholding of employee taxes related to stock-based compensation   (358)     (358)
Shares of common stock issued for vested RSUs (in Shares) 488,734        
Stock options exercised   6     $ 6
Stock options exercised (in shares) 42,494       42,494
Stock-based compensation expense   2,706     $ 2,706
Remeasurement of mezzanine equity     97   97
Unrealized gain on available-for-sale securities       (1,407) (1,407)
Proceeds from the registered direct offering, net of offering costs, commissions, and fees of $8,664 $ 2 121,334     121,336
Proceeds from the registered direct offering, net of offering costs, commissions, and fees of $8,664 (in shares) 22,807,018        
Balance at the end at Mar. 31, 2026 $ 22 813,922 (287,835) (1,053) 525,056
Balance at the end (in shares) at Mar. 31, 2026 224,519,421        
Balance at the beginning at Dec. 31, 2025 $ 20 690,234 (274,904) 354 415,704
Balance at the beginning (in shares) at Dec. 31, 2025 201,181,175        
Changes in stockholder's equity          
Net loss         $ (36,849)
Shares of common stock issued under the ESPP (in shares)         151,197
Shares of common stock issued for vested RSUs (in Shares) 3,035,356        
Stock options exercised (in shares) 42,494        
Balance at the end at Jun. 30, 2026 $ 23 814,957 (311,632) (1,605) $ 501,743
Balance at the end (in shares) at Jun. 30, 2026 227,217,240        
Balance at the beginning at Mar. 31, 2026 $ 22 813,922 (287,835) (1,053) 525,056
Balance at the beginning (in shares) at Mar. 31, 2026 224,519,421        
Changes in stockholder's equity          
Net loss     (23,821)   (23,821)
Shares of common stock issued under the ESPP   370     $ 370
Shares of common stock issued under the ESPP (in shares) 151,197       151,197
Withholding of employee taxes related to stock-based compensation   (2,476)     $ (2,476)
Shares of common stock issued for vested RSUs $ 1       1
Shares of common stock issued for vested RSUs (in Shares) 2,546,622        
Stock-based compensation expense   3,133     3,133
Remeasurement of mezzanine equity     24   24
Unrealized gain on available-for-sale securities       (552) (552)
Proceeds from the registered direct offering, net of offering costs, commissions, and fees of $8,664   8     8
Balance at the end at Jun. 30, 2026 $ 23 $ 814,957 $ (311,632) $ (1,605) $ 501,743
Balance at the end (in shares) at Jun. 30, 2026 227,217,240