v3.26.1
Condensed Statements of Stockholders' Equity (Deficit) - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Balances at Dec. 31, 2024 $ 20,876 $ 7 [1] $ 483,366 [1] $ (462,497)
Common Stock Balance, Shares at Dec. 31, 2024 [1]   7,275    
Issuance of common stock under employee stock purchase plan 313   313 [1]  
Issuance of common stock under employee stock purchase plan, Shares [1]   23    
Release of restricted stock units, shares [1]   24    
Share-based compensation 972   972 [1]  
Net Income (Loss) (11,101)     (11,101)
Balances at Mar. 31, 2025 11,060 $ 7 [1] 484,651 [1] (473,598)
Common Stock Balance, Shares at Mar. 31, 2025 [1]   7,322    
Balances at Dec. 31, 2024 20,876 $ 7 [1] 483,366 [1] (462,497)
Common Stock Balance, Shares at Dec. 31, 2024 [1]   7,275    
Issuance of Sixth Amendment Warrants 280      
Reclassification of Tranche C warrants to additional paid-in capital 280      
Net Income (Loss) (22,569)      
Balances at Jun. 30, 2025 1,138 $ 7 [1] 486,197 [1] (485,066)
Common Stock Balance, Shares at Jun. 30, 2025 [1]   7,329    
Balances at Mar. 31, 2025 11,060 $ 7 [1] 484,651 [1] (473,598)
Common Stock Balance, Shares at Mar. 31, 2025 [1]   7,322    
Release of restricted stock units, shares [1]   7    
Issuance of Sixth Amendment Warrants 280   280 [1]  
Share-based compensation 1,039   1,039 [1]  
Change in fair value of Perceptive Warrants 227   227 [1]  
Reclassification of Tranche C warrants to additional paid-in capital 280   280 [1]  
Net Income (Loss) (11,468)     (11,468)
Balances at Jun. 30, 2025 1,138 $ 7 [1] 486,197 [1] (485,066)
Common Stock Balance, Shares at Jun. 30, 2025 [1]   7,329    
Balances at Dec. 31, 2025 (2,465) $ 8 495,289 (497,762)
Common Stock Balance, Shares at Dec. 31, 2025   8,253    
Issuance of common stock, net 16,669 $ 2 16,667  
Issuance of common stock, net, Shares   1,771    
Issuance of common stock under employee stock purchase plan 354   354  
Issuance of common stock under employee stock purchase plan, Shares   48    
Exercise of stock options 1   1  
Release of restricted stock units, shares   35    
Issuance of Sixth Amendment Warrants 1,251   1,251  
Share-based compensation 1,115   1,115  
Reclassification of Tranche C warrants to additional paid-in capital 1,251   1,251  
Net Income (Loss) (7,793)     (7,793)
Balances at Mar. 31, 2026 9,132 $ 10 514,677 (505,555)
Common Stock Balance, Shares at Mar. 31, 2026   10,107    
Balances at Dec. 31, 2025 $ (2,465) $ 8 495,289 (497,762)
Common Stock Balance, Shares at Dec. 31, 2025   8,253    
Exercise of stock options, shares 1      
Net Income (Loss) $ (15,066)      
Balances at Jun. 30, 2026 9,144 $ 11 521,961 (512,828)
Common Stock Balance, Shares at Jun. 30, 2026   10,550    
Balances at Mar. 31, 2026 9,132 $ 10 514,677 (505,555)
Common Stock Balance, Shares at Mar. 31, 2026   10,107    
Issuance of common stock, net 6,457 $ 1 6,456  
Issuance of common stock, net, Shares   441    
Exercise of stock options 8   8  
Exercise of stock options, shares   1    
Release of restricted stock units, shares   1    
Share-based compensation 820   820  
Net Income (Loss) (7,273)     (7,273)
Balances at Jun. 30, 2026 $ 9,144 $ 11 $ 521,961 $ (512,828)
Common Stock Balance, Shares at Jun. 30, 2026   10,550    
[1] All Common stock share and related dollar information as well as Additional paid-in capital have been adjusted to reflect the 1-for-20 reverse stock split effective September 15, 2025.