v3.26.1
Condensed Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Total
Public Offering
Common Stock
Common Stock
Public Offering
Additional Paid-in Capital
Additional Paid-in Capital
Public Offering
Accumulated Deficit
Beginning balance, shares at Dec. 31, 2024     76,154,783        
Beginning balance at Dec. 31, 2024 $ 733,377   $ 8   $ 951,350   $ (217,981)
Issuance of common stock, net of issuance costs, shares     66,506        
Issuance of common stock, net of issuance costs 682       682    
Stock-based compensation expense 5,151       5,151    
Net loss (34,452)           (34,452)
Ending balance, shares at Mar. 31, 2025     76,221,289        
Ending balance at Mar. 31, 2025 704,758   $ 8   957,183   (252,433)
Beginning balance, shares at Dec. 31, 2024     76,154,783        
Beginning balance at Dec. 31, 2024 733,377   $ 8   951,350   (217,981)
Net loss (75,878)            
Ending balance, shares at Jun. 30, 2025     76,231,859        
Ending balance at Jun. 30, 2025 670,358   $ 8   964,209   (293,859)
Beginning balance, shares at Mar. 31, 2025     76,221,289        
Beginning balance at Mar. 31, 2025 704,758   $ 8   957,183   (252,433)
Issuance of common stock, net of issuance costs, shares     10,570        
Issuance of common stock, net of issuance costs 19       19    
Stock-based compensation expense 7,007       7,007    
Net loss (41,426)           (41,426)
Ending balance, shares at Jun. 30, 2025     76,231,859        
Ending balance at Jun. 30, 2025 670,358   $ 8   964,209   (293,859)
Beginning balance, shares at Dec. 31, 2025     80,689,128        
Beginning balance at Dec. 31, 2025 752,602   $ 8   1,131,570   (378,976)
Issuance of common stock, net of issuance costs, shares     377,226 6,941,407      
Issuance of common stock, net of issuance costs 1,495 $ 391,410   $ 1 1,495 $ 391,409  
Stock-based compensation expense 6,474       6,474    
Net loss (60,202)           (60,202)
Ending balance, shares at Mar. 31, 2026     88,007,761        
Ending balance at Mar. 31, 2026 1,091,779   $ 9   1,530,948   (439,178)
Beginning balance, shares at Dec. 31, 2025     80,689,128        
Beginning balance at Dec. 31, 2025 752,602   $ 8   1,131,570   (378,976)
Net loss (139,258)            
Ending balance, shares at Jun. 30, 2026     88,306,390        
Ending balance at Jun. 30, 2026 1,029,118   $ 9   1,547,343   (518,234)
Beginning balance, shares at Mar. 31, 2026     88,007,761        
Beginning balance at Mar. 31, 2026 1,091,779   $ 9   1,530,948   (439,178)
Issuance of common stock, net of issuance costs, shares     298,629        
Issuance of common stock, net of issuance costs 2,061       2,061    
Stock-based compensation expense 14,334       14,334    
Net loss (79,056)           (79,056)
Ending balance, shares at Jun. 30, 2026     88,306,390        
Ending balance at Jun. 30, 2026 $ 1,029,118   $ 9   $ 1,547,343   $ (518,234)