v3.26.1
CONDENSED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Beginning balance (in shares) at Dec. 31, 2024   38,349,826      
Beginning balance at Dec. 31, 2024 $ 224,534 $ 6 $ 584,559 $ 179 $ (360,210)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net loss (25,120)       (25,120)
Recognition of stock-based compensation expense 6,930   6,930    
Issuance of common stock, net of issuance costs (in shares)   3,230,336      
Issuance of common stock, net of issuance costs 134,771   134,771    
Exercise of vested stock options (in shares)   78,436      
Exercise of vested stock options 1,437   1,437    
Issuance of common stock upon the vesting of restricted stock units (in shares)   336,939      
Other comprehensive income (loss) (94)     (94)  
Ending balance (in shares) at Mar. 31, 2025   41,995,537      
Ending balance at Mar. 31, 2025 342,458 $ 6 727,697 85 (385,330)
Beginning balance (in shares) at Dec. 31, 2024   38,349,826      
Beginning balance at Dec. 31, 2024 224,534 $ 6 584,559 179 (360,210)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net loss (45,460)        
Ending balance (in shares) at Jun. 30, 2025   42,210,972      
Ending balance at Jun. 30, 2025 332,612 $ 6 738,237 39 (405,670)
Beginning balance (in shares) at Mar. 31, 2025   41,995,537      
Beginning balance at Mar. 31, 2025 342,458 $ 6 727,697 85 (385,330)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net loss (20,340)       (20,340)
Recognition of stock-based compensation expense 8,234   8,234    
Exercise of vested stock options (in shares)   56,795      
Exercise of vested stock options 1,205   1,205    
Issuance of common stock upon the vesting of restricted stock units (in shares)   126,639      
Shares issued in connection with the employee stock purchase plan (in shares)   32,001      
Shares issued in connection with the employee stock purchase plan 1,101   1,101    
Other comprehensive income (loss) (46)     (46)  
Ending balance (in shares) at Jun. 30, 2025   42,210,972      
Ending balance at Jun. 30, 2025 $ 332,612 $ 6 738,237 39 (405,670)
Beginning balance (in shares) at Dec. 31, 2025 42,553,931 42,553,931      
Beginning balance at Dec. 31, 2025 $ 343,426 $ 6 769,667 381 (426,628)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net loss (6,967)       (6,967)
Recognition of stock-based compensation expense 11,967   11,967    
Exercise of vested stock options (in shares)   45,394      
Exercise of vested stock options 1,204   1,204    
Issuance of common stock upon the vesting of restricted stock units (in shares)   421,987      
Other comprehensive income (loss) (679)     (679)  
Ending balance (in shares) at Mar. 31, 2026   43,021,312      
Ending balance at Mar. 31, 2026 $ 348,951 $ 6 782,838 (298) (433,595)
Beginning balance (in shares) at Dec. 31, 2025 42,553,931 42,553,931      
Beginning balance at Dec. 31, 2025 $ 343,426 $ 6 769,667 381 (426,628)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net loss $ (25,518)        
Exercise of vested stock options (in shares) 136,942        
Ending balance (in shares) at Jun. 30, 2026 43,271,347 43,271,347      
Ending balance at Jun. 30, 2026 $ 346,732 $ 6 799,429 (557) (452,146)
Beginning balance (in shares) at Mar. 31, 2026   43,021,312      
Beginning balance at Mar. 31, 2026 348,951 $ 6 782,838 (298) (433,595)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net loss (18,551)       (18,551)
Recognition of stock-based compensation expense 13,289   13,289    
Exercise of vested stock options (in shares)   91,548      
Exercise of vested stock options 1,864   1,864    
Issuance of common stock upon the vesting of restricted stock units (in shares)   131,601      
Shares issued in connection with the employee stock purchase plan (in shares)   26,886      
Shares issued in connection with the employee stock purchase plan 1,438   1,438    
Other comprehensive income (loss) $ (259)     (259)  
Ending balance (in shares) at Jun. 30, 2026 43,271,347 43,271,347      
Ending balance at Jun. 30, 2026 $ 346,732 $ 6 $ 799,429 $ (557) $ (452,146)