v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (DEFICIT) - USD ($)
$ in Thousands
Total
Common Stock
Preferred Stock
Treasury Stock
Additional Paid in Capital
Accumulated Deficit
Balance at beginning (in shares) at Dec. 31, 2024   77,470,886        
Balance at beginning at Dec. 31, 2024 $ 3,589 $ 8 $ 0 $ (1,019) $ 215,413 $ (210,813)
Balance at beginning (in shares) at Dec. 31, 2024     165,045      
Changes in Stockholders' Equity            
Net loss (19,585)         (19,585)
Issuance of common stock upon vesting of RSUs (in shares)   1,023,867        
Issuance of common stock upon exercise of options (in shares)   160,537        
Issuance of common stock upon exercise of options 137       137  
Issuance of common stock upon private placement, net (in shares)   12,006,510        
Issuance of common stock upon private placement, net 15,359 $ 1     15,358  
Issuance of preferred stock upon exchange of debt for equity (in shares)     37,233      
Issuance of preferred stock upon exchange of debt for equity 4,111       4,111  
Share-based compensation expense 1,458       1,458  
Balance at ending (in shares) at Mar. 31, 2025   90,661,800        
Balance at ending at Mar. 31, 2025 5,069 $ 9 $ 0 (1,019) 236,477 (230,398)
Balance at ending (in shares) at Mar. 31, 2025     202,278      
Balance at beginning (in shares) at Dec. 31, 2024   77,470,886        
Balance at beginning at Dec. 31, 2024 3,589 $ 8 $ 0 (1,019) 215,413 (210,813)
Balance at beginning (in shares) at Dec. 31, 2024     165,045      
Changes in Stockholders' Equity            
Net loss $ (36,594)          
Issuance of common stock upon exercise of options (in shares) 2,645,017          
Balance at ending (in shares) at Jun. 30, 2025   95,013,596        
Balance at ending at Jun. 30, 2025 $ (8,985) $ 9 $ 0 (1,019) 239,432 (247,407)
Balance at ending (in shares) at Jun. 30, 2025     193,706      
Balance at beginning (in shares) at Mar. 31, 2025   90,661,800        
Balance at beginning at Mar. 31, 2025 5,069 $ 9 $ 0 (1,019) 236,477 (230,398)
Balance at beginning (in shares) at Mar. 31, 2025     202,278      
Changes in Stockholders' Equity            
Net loss (17,009)         (17,009)
Issuance of common stock upon vesting of RSUs (in shares)   642,020        
Issuance of common stock upon exercise of options (in shares)   2,484,480        
Issuance of common stock upon exercise of options 2,203       2,203  
Issuance of common stock upon exercise of warrants (in shares)   368,096        
Conversion of preferred stock to common stock (in shares)   857,200 (8,572)      
Share-based compensation expense 752       752  
Balance at ending (in shares) at Jun. 30, 2025   95,013,596        
Balance at ending at Jun. 30, 2025 $ (8,985) $ 9 $ 0 (1,019) 239,432 (247,407)
Balance at ending (in shares) at Jun. 30, 2025     193,706      
Balance at beginning (in shares) at Dec. 31, 2025 98,863,144 100,596,918        
Balance at beginning at Dec. 31, 2025 $ (15,720) $ 10 $ 0 (1,019) 256,708 (271,419)
Balance at beginning (in shares) at Dec. 31, 2025 193,507   193,507      
Changes in Stockholders' Equity            
Net loss $ (2,492)         (2,492)
Issuance of common stock upon vesting of RSUs (in shares)   1,000,918        
Issuance of common stock upon exercise of options (in shares)   25,330        
Issuance of common stock upon exercise of options 21       21  
Share issuances through employee stock purchase plan (in shares)   84,392        
Share issuances through employee stock purchase plan 220       220  
Share-based compensation expense 1,686       1,686  
Balance at ending (in shares) at Mar. 31, 2026   101,707,558        
Balance at ending at Mar. 31, 2026 $ (16,285) $ 10 $ 0 (1,019) 258,635 (273,911)
Balance at ending (in shares) at Mar. 31, 2026     193,507      
Balance at beginning (in shares) at Dec. 31, 2025 98,863,144 100,596,918        
Balance at beginning at Dec. 31, 2025 $ (15,720) $ 10 $ 0 (1,019) 256,708 (271,419)
Balance at beginning (in shares) at Dec. 31, 2025 193,507   193,507      
Changes in Stockholders' Equity            
Net loss $ (12,281)          
Issuance of common stock upon exercise of options (in shares) 96,137          
Balance at ending (in shares) at Jun. 30, 2026 100,468,979 102,202,753        
Balance at ending at Jun. 30, 2026 $ (24,914) $ 10 $ 0 (1,019) 259,795 (283,700)
Balance at ending (in shares) at Jun. 30, 2026 193,507   193,507      
Balance at beginning (in shares) at Mar. 31, 2026   101,707,558        
Balance at beginning at Mar. 31, 2026 $ (16,285) $ 10 $ 0 (1,019) 258,635 (273,911)
Balance at beginning (in shares) at Mar. 31, 2026     193,507      
Changes in Stockholders' Equity            
Net loss (9,789)         (9,789)
Issuance of common stock upon vesting of RSUs (in shares)   424,388        
Issuance of common stock upon exercise of options (in shares)   70,807        
Issuance of common stock upon exercise of options 90       90  
Share-based compensation expense $ 1,070       1,070  
Balance at ending (in shares) at Jun. 30, 2026 100,468,979 102,202,753        
Balance at ending at Jun. 30, 2026 $ (24,914) $ 10 $ 0 $ (1,019) $ 259,795 $ (283,700)
Balance at ending (in shares) at Jun. 30, 2026 193,507   193,507