v3.26.1
Condensed Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Total
At-the-Market Offerings [Member]
Follow-On Offering [Member]
Common Stock [Member]
Common Stock [Member]
At-the-Market Offerings [Member]
Common Stock [Member]
Follow-On Offering [Member]
Additional Paid-In Capital [Member]
Additional Paid-In Capital [Member]
At-the-Market Offerings [Member]
Additional Paid-In Capital [Member]
Follow-On Offering [Member]
Accumulated Other Comprehensive (Loss)/ Income [Member]
Accumulated Deficit [Member]
Beginning balance at Dec. 31, 2024 $ 777,792     $ 168     $ 2,516,905     $ (991) $ (1,738,290)
Beginning balance, shares at Dec. 31, 2024       167,755,715              
Vesting of restricted stock units, Shares       2,728,157              
Stock compensation expense 19,325           19,325        
Unrealized (loss) gain on investments 1,029                 1,029  
Net loss (77,065)                   (77,065)
Ending balance at Mar. 31, 2025 721,081     $ 168     2,536,230     38 (1,815,355)
Ending balance, shares at Mar. 31, 2025       170,483,872              
Beginning balance at Dec. 31, 2024 777,792     $ 168     2,516,905     (991) (1,738,290)
Beginning balance, shares at Dec. 31, 2024       167,755,715              
Net loss (147,440)                    
Ending balance at Jun. 30, 2025 665,658     $ 168     2,551,383     (163) (1,885,730)
Ending balance, shares at Jun. 30, 2025       171,692,132              
Beginning balance at Mar. 31, 2025 721,081     $ 168     2,536,230     38 (1,815,355)
Beginning balance, shares at Mar. 31, 2025       170,483,872              
Issuance of common stock via employee stock purchase plan 653           653        
Issuance of common stock via employee stock purchase plan, shares       222,353              
Vesting of restricted stock units, Shares       985,907              
Stock compensation expense 14,500           14,500        
Unrealized (loss) gain on investments (201)                 (201)  
Net loss (70,375)                   (70,375)
Ending balance at Jun. 30, 2025 665,658     $ 168     2,551,383     (163) (1,885,730)
Ending balance, shares at Jun. 30, 2025       171,692,132              
Beginning balance at Dec. 31, 2025 567,060     $ 168     2,580,928     733 (2,014,769)
Beginning balance, shares at Dec. 31, 2025       173,868,949              
Issuance of common stock via at-the-market offerings, net,value   $ 137,090     $ 14     $ 137,076      
Issuance of common stock via at-the-market offerings, net,share         14,141,569            
Issuance of common stock through exercise of stock options 1,692           1,692        
Issuance of common stock through exercise of stock options, shares       349,298              
Vesting of restricted stock units, Shares       849,637              
Stock compensation expense 10,537           10,537        
Unrealized (loss) gain on investments (905)                 (905)  
Net loss (73,291)                   (73,291)
Ending balance at Mar. 31, 2026 642,183     $ 182     2,730,233     (172) (2,088,060)
Ending balance, shares at Mar. 31, 2026       189,209,453              
Beginning balance at Dec. 31, 2025 567,060     $ 168     2,580,928     733 (2,014,769)
Beginning balance, shares at Dec. 31, 2025       173,868,949              
Net loss (156,998)                    
Ending balance at Jun. 30, 2026 890,009     $ 211     3,063,118     (1,553) (2,171,767)
Ending balance, shares at Jun. 30, 2026       218,531,200              
Beginning balance at Mar. 31, 2026 642,183     $ 182     2,730,233     (172) (2,088,060)
Beginning balance, shares at Mar. 31, 2026       189,209,453              
Issuance of common stock via at-the-market offerings, net,value   $ 22,129 $ 296,814   $ 2 $ 26   $ 22,127 $ 296,788    
Issuance of common stock via at-the-market offerings, net,share         1,865,000 26,354,167          
Issuance of common stock through exercise of stock options 3,891     $ 1     3,890        
Issuance of common stock through exercise of stock options, shares       738,100              
Issuance of common stock via employee stock purchase plan 901           901        
Issuance of common stock via employee stock purchase plan, shares       129,641              
Vesting of restricted stock units, Shares       234,839              
Stock compensation expense 9,179           9,179        
Unrealized (loss) gain on investments (1,381)                 (1,381)  
Net loss (83,707)                   (83,707)
Ending balance at Jun. 30, 2026 $ 890,009     $ 211     $ 3,063,118     $ (1,553) $ (2,171,767)
Ending balance, shares at Jun. 30, 2026       218,531,200