CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) - USD ($) $ in Thousands |
Total |
At The Market Offering |
Registered Direct Offering |
Common stock – Class A |
Preferred Stock
Preferred stock – Series A
|
Common stock
Common stock – Class A
|
Common stock
Common stock – Class A
At The Market Offering
|
Common stock
Common stock – Class A
Registered Direct Offering
|
Additional paid-in capital |
Additional paid-in capital
At The Market Offering
|
Additional paid-in capital
Registered Direct Offering
|
Accumulated deficit |
| Beginning balance (in shares) at Dec. 31, 2024 |
|
|
|
|
0
|
|
|
|
|
|
|
|
| Beginning balance at Dec. 31, 2024 |
$ (7,810)
|
|
|
|
$ 0
|
$ 0
|
|
|
$ 400,183
|
|
|
$ (407,993)
|
| Beginning balance (in shares) at Dec. 31, 2024 |
|
|
|
|
|
155,781
|
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of common stock upon release of RSUs (in shares) |
|
|
|
|
|
110
|
|
|
|
|
|
|
| Share repurchase related to Section 16 Officer tax coverage exchange (in shares) |
|
|
|
|
|
(24)
|
|
|
|
|
|
|
| Share repurchase related to Section 16 Officer tax coverage exchange |
(1)
|
|
|
|
|
|
|
|
(1)
|
|
|
|
| Issuance of common stock under At-The-Market Offering, net of issuance costs and related warrants in registered offering, net of issuance costs (in shares) |
|
|
|
|
|
16,807
|
|
|
|
|
|
|
| Issuance of common stock under At-The-Market Offering, net of issuance costs and related warrants in registered offering, net of issuance costs |
4,401
|
|
|
|
|
|
|
|
4,401
|
|
|
|
| Issuance of common stock upon exercise of pre-funded warrants (in shares) |
|
|
|
|
|
65,932
|
|
|
|
|
|
|
| Issuance of common stock in connection with warrant inducement, net of issuance costs (in shares) |
|
|
|
|
|
18,544
|
|
|
|
|
|
|
| Issuance of common stock in connection with warrant inducement, net of issuance costs |
1,889
|
|
|
|
|
|
|
|
1,889
|
|
|
|
| Issuance of common stock for convertible note principal and interest (in shares) |
|
|
|
|
|
10,645
|
|
|
|
|
|
|
| Issuance of common stock for convertible note principal and interest |
664
|
|
|
|
|
|
|
|
664
|
|
|
|
| Stock-based compensation - stock options, RSAs, RSUs |
1,057
|
|
|
|
|
|
|
|
1,057
|
|
|
|
| Net loss |
(6,172)
|
|
|
|
|
|
|
|
|
|
|
(6,172)
|
| Ending balance (in shares) at Mar. 31, 2025 |
|
|
|
|
0
|
|
|
|
|
|
|
|
| Ending balance at Mar. 31, 2025 |
(5,972)
|
|
|
|
$ 0
|
$ 0
|
|
|
408,193
|
|
|
(414,165)
|
| Ending balance (in shares) at Mar. 31, 2025 |
|
|
|
|
|
267,795
|
|
|
|
|
|
|
| Beginning balance (in shares) at Dec. 31, 2024 |
|
|
|
|
0
|
|
|
|
|
|
|
|
| Beginning balance at Dec. 31, 2024 |
(7,810)
|
|
|
|
$ 0
|
$ 0
|
|
|
400,183
|
|
|
(407,993)
|
| Beginning balance (in shares) at Dec. 31, 2024 |
|
|
|
|
|
155,781
|
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
(12,622)
|
|
|
|
|
|
|
|
|
|
|
|
| Ending balance (in shares) at Jun. 30, 2025 |
|
|
|
|
0
|
|
|
|
|
|
|
|
| Ending balance at Jun. 30, 2025 |
(9,971)
|
|
|
|
$ 0
|
$ 0
|
|
|
410,644
|
|
|
(420,615)
|
| Ending balance (in shares) at Jun. 30, 2025 |
|
|
|
|
|
326,311
|
|
|
|
|
|
|
| Beginning balance (in shares) at Mar. 31, 2025 |
|
|
|
|
0
|
|
|
|
|
|
|
|
| Beginning balance at Mar. 31, 2025 |
(5,972)
|
|
|
|
$ 0
|
$ 0
|
|
|
408,193
|
|
|
(414,165)
|
| Beginning balance (in shares) at Mar. 31, 2025 |
|
|
|
|
|
267,795
|
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of common stock upon release of RSUs (in shares) |
|
|
|
|
|
9
|
|
|
|
|
|
|
| Share repurchase related to Section 16 Officer tax coverage exchange (in shares) |
|
|
|
|
|
(1)
|
|
|
|
|
|
|
| Issuance of pre-funded warrants and warrants in private placement, net of issuance costs |
(25)
|
|
|
|
|
|
|
|
(25)
|
|
|
|
| Issuance of common stock in settlement of accounts payable (in shares) |
|
|
|
|
|
10,720
|
|
|
|
|
|
|
| Issuance of common stock in settlement of accounts payable |
338
|
|
|
|
|
|
|
|
338
|
|
|
|
| Issuance of common stock in connection with warrant inducement, net of issuance costs (in shares) |
|
|
|
|
|
41,481
|
|
|
|
|
|
|
| Issuance of common stock for convertible note principal and interest (in shares) |
|
|
|
|
|
6,307
|
|
|
|
|
|
|
| Issuance of common stock for convertible note principal and interest |
199
|
|
|
|
|
|
|
|
199
|
|
|
|
| Deferred financing costs for warrant modification |
400
|
|
|
|
|
|
|
|
400
|
|
|
|
| Issuance of warrants with convertible debt |
572
|
|
|
|
|
|
|
|
572
|
|
|
|
| Stock-based compensation - stock options, RSAs, RSUs |
967
|
|
|
|
|
|
|
|
967
|
|
|
|
| Net loss |
(6,450)
|
|
|
|
|
|
|
|
|
|
|
(6,450)
|
| Ending balance (in shares) at Jun. 30, 2025 |
|
|
|
|
0
|
|
|
|
|
|
|
|
| Ending balance at Jun. 30, 2025 |
$ (9,971)
|
|
|
|
$ 0
|
$ 0
|
|
|
410,644
|
|
|
(420,615)
|
| Ending balance (in shares) at Jun. 30, 2025 |
|
|
|
|
|
326,311
|
|
|
|
|
|
|
| Beginning balance (in shares) at Dec. 31, 2025 |
547,408
|
|
|
|
547,408
|
|
|
|
|
|
|
|
| Beginning balance at Dec. 31, 2025 |
$ 17,140
|
|
|
|
$ 0
|
$ 0
|
|
|
455,718
|
|
|
(438,578)
|
| Beginning balance (in shares) at Dec. 31, 2025 |
|
|
|
2,165,559
|
|
2,165,559
|
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of common stock upon release of RSUs (in shares) |
|
|
|
|
|
73
|
|
|
|
|
|
|
| Share repurchase related to Section 16 Officer tax coverage exchange (in shares) |
|
|
|
|
|
(4)
|
|
|
|
|
|
|
| Issuance of common stock upon conversion of preferred stock (in shares) |
|
|
|
|
547,408
|
306,672
|
|
|
|
|
|
|
| Issuance of common stock under At-The-Market Offering, net of issuance costs and related warrants in registered offering, net of issuance costs (in shares) |
|
|
|
|
|
|
2,203,615
|
|
|
|
|
|
| Issuance of common stock under At-The-Market Offering, net of issuance costs and related warrants in registered offering, net of issuance costs |
|
$ 12,929
|
|
|
|
|
|
|
|
$ 12,929
|
|
|
| Issuance of pre-funded warrants and warrants in private placement, net of issuance costs |
4,580
|
|
|
|
|
|
|
|
4,580
|
|
|
|
| Issuance of common stock upon exercise of pre-funded warrants (in shares) |
|
|
|
|
|
945,136
|
|
|
|
|
|
|
| Issuance of common stock in settlement of accounts payable (in shares) |
|
|
|
|
|
5,723
|
|
|
|
|
|
|
| Issuance of common stock in settlement of accounts payable |
95
|
|
|
|
|
|
|
|
95
|
|
|
|
| Issuance of common stock upon exercise of warrant liability (in shares) |
|
|
|
|
|
4,202
|
|
|
|
|
|
|
| Issuance of common stock for convertible note principal and interest (in shares) |
|
|
|
|
|
159,030
|
|
|
|
|
|
|
| Issuance of common stock for convertible note principal and interest |
973
|
|
|
|
|
|
|
|
973
|
|
|
|
| Issuance of common stock in relation to the convertible debt settlement (in shares) |
|
|
|
|
|
50,000
|
|
|
|
|
|
|
| Issuance of common stock in relation to the convertible debt settlement |
606
|
|
|
|
|
|
|
|
606
|
|
|
|
| Stock-based compensation - stock options, RSAs, RSUs |
322
|
|
|
|
|
|
|
|
322
|
|
|
|
| Net loss |
(9,480)
|
|
|
|
|
|
|
|
|
|
|
(9,480)
|
| Ending balance (in shares) at Mar. 31, 2026 |
|
|
|
|
0
|
|
|
|
|
|
|
|
| Ending balance at Mar. 31, 2026 |
$ 27,165
|
|
|
|
$ 0
|
$ 0
|
|
|
475,223
|
|
|
(448,058)
|
| Ending balance (in shares) at Mar. 31, 2026 |
|
|
|
|
|
5,840,006
|
|
|
|
|
|
|
| Beginning balance (in shares) at Dec. 31, 2025 |
547,408
|
|
|
|
547,408
|
|
|
|
|
|
|
|
| Beginning balance at Dec. 31, 2025 |
$ 17,140
|
|
|
|
$ 0
|
$ 0
|
|
|
455,718
|
|
|
(438,578)
|
| Beginning balance (in shares) at Dec. 31, 2025 |
|
|
|
2,165,559
|
|
2,165,559
|
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
$ (17,749)
|
|
|
|
|
|
|
|
|
|
|
|
| Ending balance (in shares) at Jun. 30, 2026 |
0
|
|
|
|
0
|
|
|
|
|
|
|
|
| Ending balance at Jun. 30, 2026 |
$ 114,260
|
|
|
|
$ 0
|
$ 0
|
|
|
570,587
|
|
|
(456,327)
|
| Ending balance (in shares) at Jun. 30, 2026 |
|
|
|
20,342,968
|
|
20,342,968
|
|
|
|
|
|
|
| Beginning balance (in shares) at Mar. 31, 2026 |
|
|
|
|
0
|
|
|
|
|
|
|
|
| Beginning balance at Mar. 31, 2026 |
27,165
|
|
|
|
$ 0
|
$ 0
|
|
|
475,223
|
|
|
(448,058)
|
| Beginning balance (in shares) at Mar. 31, 2026 |
|
|
|
|
|
5,840,006
|
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of common stock upon release of RSUs (in shares) |
|
|
|
|
|
12,615
|
|
|
|
|
|
|
| Share repurchase related to Section 16 Officer tax coverage exchange (in shares) |
|
|
|
|
|
(3,648)
|
|
|
|
|
|
|
| Share repurchase related to Section 16 Officer tax coverage exchange |
(18)
|
|
|
|
|
|
|
|
(18)
|
|
|
|
| Issuance of common stock under At-The-Market Offering, net of issuance costs and related warrants in registered offering, net of issuance costs (in shares) |
|
|
|
|
|
|
5,806,465
|
1,851,852
|
|
|
|
|
| Issuance of common stock under At-The-Market Offering, net of issuance costs and related warrants in registered offering, net of issuance costs |
|
$ 32,574
|
$ 23,130
|
|
|
|
|
|
|
$ 32,574
|
$ 23,130
|
|
| Issuance of common stock, pre-funded warrants and warrants in private placement, net of issuance costs (in shares) |
|
|
|
|
|
2,623,420
|
|
|
|
|
|
|
| Issuance of common stock, pre-funded warrants and warrants in private placement, net of issuance costs |
27,722
|
|
|
|
|
|
|
|
27,722
|
|
|
|
| Issuance of common stock upon exercise of pre-funded warrants (in shares) |
|
|
|
|
|
1,651,914
|
|
|
|
|
|
|
| Issuance of common stock upon exercise of warrants (in shares) |
|
|
|
|
|
1,807,941
|
|
|
|
|
|
|
| Issuance of common stock upon exercise of warrants |
9,638
|
|
|
|
|
|
|
|
9,638
|
|
|
|
| Issuance of common stock upon exercise of warrant liability (in shares) |
|
|
|
|
|
16,440
|
|
|
|
|
|
|
| Issuance of common stock upon exercise of warrant liability |
123
|
|
|
|
|
|
|
|
123
|
|
|
|
| Issuance of common stock for convertible note principal and interest (in shares) |
|
|
|
|
|
735,963
|
|
|
|
|
|
|
| Issuance of common stock for convertible note principal and interest |
2,006
|
|
|
|
|
|
|
|
2,006
|
|
|
|
| Stock-based compensation - stock options, RSAs, RSUs |
189
|
|
|
|
|
|
|
|
189
|
|
|
|
| Net loss |
$ (8,269)
|
|
|
|
|
|
|
|
|
|
|
(8,269)
|
| Ending balance (in shares) at Jun. 30, 2026 |
0
|
|
|
|
0
|
|
|
|
|
|
|
|
| Ending balance at Jun. 30, 2026 |
$ 114,260
|
|
|
|
$ 0
|
$ 0
|
|
|
$ 570,587
|
|
|
$ (456,327)
|
| Ending balance (in shares) at Jun. 30, 2026 |
|
|
|
20,342,968
|
|
20,342,968
|
|
|
|
|
|
|