v3.26.1
Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Common Stock
Secondary public offering
Common Stock
ATM offering
Common Stock
Additional Paid-in Capital
Secondary public offering
Additional Paid-in Capital
ATM offering
Additional Paid-in Capital
Accumulated Deficit
Noncontrolling Interest
Secondary public offering
ATM offering
Total
Beginning balance at Dec. 31, 2024     $ 557     $ 446,938 $ (419,789) $ 4,093     $ 31,799
Beginning balance, shares at Dec. 31, 2024     55,679,000                
Share-based awards and option exercises     $ 9     (1)         8
Share-based awards and option exercises (in shares)     941,000                
Issuance of common stock, net of issuance costs $ 92     $ 18,877         $ 18,969    
Issuance of common stock, net of issuance costs (in shares) 9,200,000                    
Share-based compensation expense           1,444         1,444
Net income (loss)             (12,675) (14)     (12,689)
Ending balance at Mar. 31, 2025     $ 658     467,258 (432,464) 4,079     39,531
Ending balance, shares at Mar. 31, 2025     65,820,000                
Beginning balance at Dec. 31, 2024     $ 557     446,938 (419,789) 4,093     31,799
Beginning balance, shares at Dec. 31, 2024     55,679,000                
Net income (loss)                     (22,528)
Ending balance at Jun. 30, 2025     $ 661     469,070 (442,584) 4,360     31,507
Ending balance, shares at Jun. 30, 2025     66,113,000                
Beginning balance at Mar. 31, 2025     $ 658     467,258 (432,464) 4,079     39,531
Beginning balance, shares at Mar. 31, 2025     65,820,000                
Share-based awards and option exercises     $ 3     (2)         1
Share-based awards and option exercises (in shares)     293,000                
Share-based compensation expense           1,814         1,814
Net income (loss)             (10,120) 281     (9,839)
Ending balance at Jun. 30, 2025     $ 661     469,070 (442,584) 4,360     31,507
Ending balance, shares at Jun. 30, 2025     66,113,000                
Beginning balance at Dec. 31, 2025     $ 690     480,475 (458,787) 3,862     26,240
Beginning balance, shares at Dec. 31, 2025     68,994,000                
Share-based awards and option exercises     $ 6     (6)          
Share-based awards and option exercises (in shares)     589,000                
Share-based compensation expense           1,677         1,677
Net income (loss)             (10,790) 10     (10,780)
Distribution to non-controlling interest               (77)     (77)
Ending balance at Mar. 31, 2026     $ 696     482,146 (469,577) 3,795     17,060
Ending balance, shares at Mar. 31, 2026     69,583,000                
Beginning balance at Dec. 31, 2025     $ 690     480,475 (458,787) 3,862     26,240
Beginning balance, shares at Dec. 31, 2025     68,994,000                
Issuance of common stock, net of issuance costs (in shares)                   6,052,953  
Net income (loss)                     (14,244)
Ending balance at Jun. 30, 2026     $ 762     490,239 (473,151) 3,790     21,640
Ending balance, shares at Jun. 30, 2026     76,193,000                
Beginning balance at Mar. 31, 2026     $ 696     482,146 (469,577) 3,795     17,060
Beginning balance, shares at Mar. 31, 2026     69,583,000                
Share-based awards and option exercises     $ 6     (6)          
Share-based awards and option exercises (in shares)     557,000                
Issuance of common stock, net of issuance costs   $ 60     $ 7,411         $ 7,471  
Issuance of common stock, net of issuance costs (in shares)   6,053,000               6,052,953  
Share-based compensation expense           688         688
Net income (loss)             (3,439) (25)     (3,464)
Acquisition of subsidiary non-controlling interest             (135) 135      
Distribution to non-controlling interest               (115)     (115)
Ending balance at Jun. 30, 2026     $ 762     $ 490,239 $ (473,151) $ 3,790     $ 21,640
Ending balance, shares at Jun. 30, 2026     76,193,000