v3.26.1
Consolidated Statements of Changes in Stockholders' Equity (Deficit) - USD ($)
shares in Thousands, $ in Thousands
Preferred stock
Series B Convertible Preferred Stock Temporary Equity
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Total
Balance at Dec. 31, 2024   $ 30 $ 931,289   $ (947,874) $ (16,555)
Balance (in shares) at Dec. 31, 2024   29,767        
Changes in Stockholders' Equity (Deficit)            
Conversion of preferred stock $ (37,656) $ 2 37,654     37,656
Conversion of preferred stock (in shares)   1,518        
Issuance of common stock, net of issuance costs   $ 9 98,717     98,726
Issuance of common stock, net of issuance costs (in shares)   9,188        
Issued common stock for vested RSUs and ESPP purchases     69     69
Issued common stock for vested RSUs and ESPP purchases (in shares)   362        
Stock-based compensation expense     4,733     4,733
Shares withheld related to net share settlement of equity awards     (1,172)     (1,172)
Shares withheld related to net share settlement of equity awards (in shares)   (107)        
Net loss         (28,760) (28,760)
Other comprehensive income       $ 23   23
Balance at Jun. 30, 2025   $ 41 1,071,290 23 (976,634) 94,720
Balance (in shares) at Jun. 30, 2025   40,728        
Temporary Equity, Beginning Balance at Dec. 31, 2024 37,656          
Balance at Dec. 31, 2024   $ 30 931,289   (947,874) (16,555)
Balance (in shares) at Dec. 31, 2024   29,767        
Changes in Stockholders' Equity (Deficit)            
Net loss           (69,100)
Balance at Dec. 31, 2025   $ 41 1,077,923 69 (1,016,987) 61,046
Balance (in shares) at Dec. 31, 2025   41,263        
Temporary Equity, Beginning Balance at Dec. 31, 2024 $ 37,656          
Balance at Mar. 31, 2025   $ 33 997,300 (3) (962,133) 35,197
Balance (in shares) at Mar. 31, 2025   32,710        
Changes in Stockholders' Equity (Deficit)            
Issuance of common stock, net of issuance costs   $ 8 72,262     72,270
Issuance of common stock, net of issuance costs (in shares)   7,777        
Issued common stock for vested RSUs and ESPP purchases     7     7
Issued common stock for vested RSUs and ESPP purchases (in shares)   348        
Stock-based compensation expense     2,893     2,893
Shares withheld related to net share settlement of equity awards     (1,172)     (1,172)
Shares withheld related to net share settlement of equity awards (in shares)   (107)        
Net loss         (14,501) (14,501)
Other comprehensive income       26   26
Balance at Jun. 30, 2025   $ 41 1,071,290 23 (976,634) 94,720
Balance (in shares) at Jun. 30, 2025   40,728        
Balance at Dec. 31, 2025   $ 41 1,077,923 69 (1,016,987) 61,046
Balance (in shares) at Dec. 31, 2025   41,263        
Changes in Stockholders' Equity (Deficit)            
Issuance of common stock, net of issuance costs   $ 11 53,478     53,489
Issuance of common stock, net of issuance costs (in shares)   11,295        
Issuance of warrants, net of issuance costs     40,313     40,313
Issued common stock for vested RSUs and ESPP purchases   $ 1 63     64
Issued common stock for vested RSUs and ESPP purchases (in shares)   504        
Stock-based compensation expense     5,845     5,845
Shares withheld related to net share settlement of equity awards     (1,283)     (1,283)
Shares withheld related to net share settlement of equity awards (in shares)   (197)        
Net loss         (69,038) (69,038)
Other comprehensive income       (123)   (123)
Balance at Jun. 30, 2026   $ 53 1,176,339 (54) (1,086,025) 90,313
Balance (in shares) at Jun. 30, 2026   52,865        
Balance at Mar. 31, 2026   $ 42 1,083,605 8 (1,049,320) 34,335
Balance (in shares) at Mar. 31, 2026   41,795        
Changes in Stockholders' Equity (Deficit)            
Issuance of common stock, net of issuance costs   $ 11 49,985     49,996
Issuance of common stock, net of issuance costs (in shares)   10,817        
Issuance of warrants, net of issuance costs     40,313     40,313
Issuance of warrants, net of issuance costs (in shares)   431        
Stock-based compensation expense     3,569     3,569
Shares withheld related to net share settlement of equity awards     (1,133)     (1,133)
Shares withheld related to net share settlement of equity awards (in shares)   (178)        
Net loss         (36,705) (36,705)
Other comprehensive income       (62)   (62)
Balance at Jun. 30, 2026   $ 53 $ 1,176,339 $ (54) $ (1,086,025) $ 90,313
Balance (in shares) at Jun. 30, 2026   52,865