v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' (DEFICIT) EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Registered Direct Offering
ATM Program
Common Stock
Common Stock
Registered Direct Offering
Common Stock
ATM Program
Additional paid-in capital
Additional paid-in capital
Registered Direct Offering
Additional paid-in capital
ATM Program
Treasury stock
Accumulated other comprehensive (loss) income
Accumulated deficit
Beginning balance (in shares) at Dec. 31, 2024       96,015,320                
Beginning balance at Dec. 31, 2024 $ (53,032)           $ 356,247     $ (8,603) $ (571) [1] $ (400,105)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net loss (32,581)                     (32,581)
Issuance of common stock (in shares)           275,587            
Issuance of common stock     $ 1,128           $ 1,128      
Other comprehensive income (loss) 257                   257 [1]  
Exercise of stock options and RSUs vested (in shares)       1,175,349                
Exercise of stock options and RSUs vested 916           916          
Payments for withholding taxes related to the net share settlement of equity awards (375)           (375)          
Stock-based compensation 595           595          
Ending balance (in shares) at Mar. 31, 2025       97,466,256                
Ending balance at Mar. 31, 2025 (83,092)           358,511     (8,603) (314) [1] (432,686)
Beginning balance (in shares) at Dec. 31, 2024       96,015,320                
Beginning balance at Dec. 31, 2024 (53,032)           356,247     (8,603) (571) [1] (400,105)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net loss (39,233)                      
Ending balance (in shares) at Jun. 30, 2025       105,244,548                
Ending balance at Jun. 30, 2025 (68,113)           379,393     (8,603) 435 [1] (439,338)
Beginning balance (in shares) at Mar. 31, 2025       97,466,256                
Beginning balance at Mar. 31, 2025 (83,092)           358,511     (8,603) (314) [1] (432,686)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net loss (6,652)                     (6,652)
Issuance of common stock (in shares)         6,451,612 496,940            
Issuance of common stock   $ 18,769 $ 1,456         $ 18,769 $ 1,456      
Other comprehensive income (loss) 749                   749 [1]  
Exercise of stock options and RSUs vested (in shares)       829,740                
Exercise of stock options and RSUs vested 359           359          
Payments for withholding taxes related to the net share settlement of equity awards (278)           (278)          
Stock-based compensation 576           576          
Ending balance (in shares) at Jun. 30, 2025       105,244,548                
Ending balance at Jun. 30, 2025 (68,113)           379,393     (8,603) 435 [1] (439,338)
Beginning balance (in shares) at Dec. 31, 2025       135,654,734                
Beginning balance at Dec. 31, 2025 60,526           473,486     (8,603) 531 [2] (404,888)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net loss (118,302)                     (118,302)
Issuance of common stock (in shares)         7,399,578              
Issuance of common stock   $ 32,343           $ 32,343        
Other comprehensive income (loss) (533)                   (533) [2]  
Exercise of stock options and RSUs vested (in shares)       187,184                
Exercise of stock options and RSUs vested 5           5          
Payments for withholding taxes related to the net share settlement of equity awards (303)           (303)          
Stock-based compensation 735           735          
Ending balance (in shares) at Mar. 31, 2026       143,241,496                
Ending balance at Mar. 31, 2026 (25,529)           506,266     (8,603) (2) [2] (523,190)
Beginning balance (in shares) at Dec. 31, 2025       135,654,734                
Beginning balance at Dec. 31, 2025 60,526           473,486     (8,603) 531 [2] (404,888)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net loss (138,351)                      
Ending balance (in shares) at Jun. 30, 2026       153,707,809                
Ending balance at Jun. 30, 2026 33,882           585,991     (8,603) (267) [2] (543,239)
Beginning balance (in shares) at Mar. 31, 2026       143,241,496                
Beginning balance at Mar. 31, 2026 (25,529)           506,266     (8,603) (2) [2] (523,190)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net loss (20,049)                     (20,049)
Issuance of Class A Common Stock upon conversion of Secured Convertible Notes (in shares)       10,000,000                
Issuance of Class A Common Stock upon conversion of Secured Convertible Notes 78,450           78,450          
Other comprehensive income (loss) (265)                   (265) [2]  
Exercise of stock options and RSUs vested (in shares)       466,312                
Exercise of stock options and RSUs vested 230           230          
Exercise of $8.63 warrants (in shares)       1                
Payments for withholding taxes related to the net share settlement of equity awards (388)           (388)          
Stock-based compensation 1,433           1,433          
Ending balance (in shares) at Jun. 30, 2026       153,707,809                
Ending balance at Jun. 30, 2026 $ 33,882           $ 585,991     $ (8,603) $ (267) [2] $ (543,239)
[1] Accumulated other comprehensive (loss) income consists of cumulative translation adjustments resulting from translating non-U.S. dollar denominated functional currency entities.
[2] Accumulated other comprehensive loss consists of cumulative translation adjustments resulting from translating non-U.S. dollar denominated functional currency entities.