v3.26.1
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Beginning Balance at Dec. 31, 2024 $ 150,288 $ 5 $ 1,479,021 $ (1,328,738)
Beginning balance, shares at Dec. 31, 2024   52,726,916    
Exercise of stock options 124   124  
Exercise of stock options, shares   21,427    
Restricted stock units vested, shares   3,532    
Stock-based compensation expense 15,891   15,891  
Net Income (Loss) (57,461)     (57,461)
Ending Balance at Mar. 31, 2025 108,842 $ 5 1,495,036 (1,386,199)
Ending balance, shares at Mar. 31, 2025   52,751,875    
Beginning Balance at Dec. 31, 2024 150,288 $ 5 1,479,021 (1,328,738)
Beginning balance, shares at Dec. 31, 2024   52,726,916    
Net Income (Loss) (111,774)      
Ending Balance at Jun. 30, 2025 70,290 $ 5 1,510,797 (1,440,512)
Ending balance, shares at Jun. 30, 2025   52,821,689    
Beginning Balance at Mar. 31, 2025 108,842 $ 5 1,495,036 (1,386,199)
Beginning balance, shares at Mar. 31, 2025   52,751,875    
Exercise of stock options 38   38  
Exercise of stock options, shares   15,320    
Restricted stock units vested, shares   26,061    
Proceeds from ESPP , Share   28,433    
Proceeds from ESPP 82   82  
Stock-based compensation expense 15,641   15,641  
Net Income (Loss) (54,313)     (54,313)
Ending Balance at Jun. 30, 2025 70,290 $ 5 1,510,797 (1,440,512)
Ending balance, shares at Jun. 30, 2025   52,821,689    
Beginning Balance at Dec. 31, 2025 157,383 $ 6 1,716,082 (1,558,705)
Beginning balance, shares at Dec. 31, 2025   61,758,454    
Exercise of stock options 721   721  
Exercise of stock options, shares   392,362    
Restricted stock units vested, shares   4,869    
Stock-based compensation expense 12,155   12,155  
Net Income (Loss) (58,158)     (58,158)
Ending Balance at Mar. 31, 2026 112,101 $ 6 1,728,958 (1,616,863)
Ending balance, shares at Mar. 31, 2026   62,155,685    
Beginning Balance at Dec. 31, 2025 157,383 $ 6 1,716,082 (1,558,705)
Beginning balance, shares at Dec. 31, 2025   61,758,454    
Net Income (Loss) (123,801)      
Ending Balance at Jun. 30, 2026 61,096 $ 6 1,743,596 (1,682,506)
Ending balance, shares at Jun. 30, 2026   62,830,860    
Beginning Balance at Mar. 31, 2026 112,101 $ 6 1,728,958 (1,616,863)
Beginning balance, shares at Mar. 31, 2026   62,155,685    
Exercise of stock options 2,924   2,924  
Exercise of stock options, shares   620,303    
Restricted stock units vested, shares   20,325    
Proceeds from ESPP , Share   34,547    
Proceeds from ESPP 106   106  
Stock-based compensation expense 11,608   11,608  
Net Income (Loss) (65,643)     (65,643)
Ending Balance at Jun. 30, 2026 $ 61,096 $ 6 $ 1,743,596 $ (1,682,506)
Ending balance, shares at Jun. 30, 2026   62,830,860