v3.26.1
Condensed Consolidated Statements of Stockholders' Equity (Deficit) (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Beginning Balance (in shares) at Dec. 31, 2024   48,755,451    
Beginning Balance at Dec. 31, 2024 $ 28,424   $ 443,734 $ (415,310)
Exercise of common stock options (in shares)   164,770    
Exercise of common stock options 280   280  
Stock-based compensation expense 1,406   1,406  
Net Income (Loss) (23,735)     (23,735)
Ending Balance (in shares) at Mar. 31, 2025   48,920,221    
Ending Balance at Mar. 31, 2025 6,375   445,420 (439,045)
Beginning Balance (in shares) at Dec. 31, 2024   48,755,451    
Beginning Balance at Dec. 31, 2024 28,424   443,734 (415,310)
Net Income (Loss) (51,624)      
Ending Balance (in shares) at Jun. 30, 2025   49,917,791    
Ending Balance at Jun. 30, 2025 (18,212)   448,722 (466,934)
Beginning Balance (in shares) at Mar. 31, 2025   48,920,221    
Beginning Balance at Mar. 31, 2025 6,375   445,420 (439,045)
Issuance of common stock in connection with at-the-market offering, net of issuance costs (in shares)   997,404    
Issuance of common stock in connection with at-the-market offering, net of issuance costs 1,517   1,517  
Exercise of common stock options (in shares)   166    
Stock-based compensation expense 1,785   1,785  
Net Income (Loss) (27,889)     (27,889)
Ending Balance (in shares) at Jun. 30, 2025   49,917,791    
Ending Balance at Jun. 30, 2025 (18,212)   448,722 (466,934)
Beginning Balance (in shares) at Dec. 31, 2025   153,372,044    
Beginning Balance at Dec. 31, 2025 9,458 $ 1 565,721 (556,264)
Exercise of pre-funded warrants   4,843,179    
Stock-based compensation expense 2,531   2,531  
Issuance of common stock under employee stock purchase plan (in shares)   433,740    
Issuance of common stock under employee stock purchase plan 170   170  
Net Income (Loss) 9,218     9,218
Ending Balance (in shares) at Mar. 31, 2026   158,648,963    
Ending Balance at Mar. 31, 2026 21,377 $ 1 568,422 (547,046)
Beginning Balance (in shares) at Dec. 31, 2025   153,372,044    
Beginning Balance at Dec. 31, 2025 9,458 $ 1 565,721 (556,264)
Net Income (Loss) (16,320)      
Ending Balance (in shares) at Jun. 30, 2026   158,648,963    
Ending Balance at Jun. 30, 2026 (1,665) $ 1 570,918 (572,584)
Beginning Balance (in shares) at Mar. 31, 2026   158,648,963    
Beginning Balance at Mar. 31, 2026 21,377 $ 1 568,422 (547,046)
Stock-based compensation expense 2,496   2,496  
Net Income (Loss) (25,538)     (25,538)
Ending Balance (in shares) at Jun. 30, 2026   158,648,963    
Ending Balance at Jun. 30, 2026 $ (1,665) $ 1 $ 570,918 $ (572,584)