v3.26.1
Equity
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Equity

11. Equity

At-the-Market Offerings

In February 2024, the Company entered into a Sales Agreement with Cowen and Company, LLC, or Cowen, pursuant to which the Company may offer and sell shares of the Company’s common stock having an aggregate offering proceeds up to $350 million, from time to time, in at-the-market, or ATM, offerings through Cowen. During the three and six months ended June 30, 2026, no shares were sold under the ATM. The Company sold 2.2 million shares under the ATM for net proceeds of $80 million during the three and six months ended June 30, 2025. To date, the Company has sold 2.2 million shares under the ATM for net proceeds of $80 million.