v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (DEFICIT) - USD ($)
$ in Thousands
Total
Common stock
Additional paid-in capital
Treasury stock
Accumulated other comprehensive (loss) income
Accumulated deficit
Beginning balance (in shares) at Dec. 31, 2024   101,606,376        
Beginning balance at Dec. 31, 2024 $ (202,642) $ 8,425 $ 1,283,892 $ (220) $ (1,421) $ (1,493,318)
Treasury stock, beginning balance (in shares) at Dec. 31, 2024       (2,744,974)    
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Loss for the period (95,248)         (95,248)
Other comprehensive income (loss) 1,033       1,033 0
Vestings of RSUs (in shares)   424,379        
Vesting of RSUs 0 $ 41 (41)      
Exercise of options (in shares)   18,565        
Exercise of stock options 34 $ 2 32      
Issuance of shares, 2022 Employee Stock Purchase Plan 271   258 $ 13    
Issuance of shares, 2022 Employee Stock Purchase Plan (in shares)       163,576    
Issuance of shares, underwritten offering, net of transaction costs (in shares)   13,031,161   0    
Issuance of shares, underwritten offering, net of transaction costs 42,376 $ 1,285 41,091 $ 0    
Issuance of warrants, underwritten offering, net of transaction costs 50,760   50,760      
Share-based compensation expense 4,232   4,232      
Ending balance (in shares) at Jun. 30, 2025   115,080,481        
Ending balance at Jun. 30, 2025 (199,184) $ 9,753 1,380,224 $ (207) (388) (1,588,566)
Treasury stock, ending balance (in shares) at Jun. 30, 2025       (2,581,398)    
Beginning balance (in shares) at Mar. 31, 2025   101,759,684        
Beginning balance at Mar. 31, 2025 (238,223) $ 8,439 1,286,557 $ (207) (1,092) (1,531,920)
Treasury stock, beginning balance (in shares) at Mar. 31, 2025       (2,581,398)    
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Loss for the period (56,646)         (56,646)
Other comprehensive income (loss) 704       704  
Vestings of RSUs (in shares)   271,071        
Vesting of RSUs 0 $ 27 (27)      
Exercise of options (in shares)   18,565        
Exercise of stock options 34 $ 2 32      
Issuance of shares, underwritten offering, net of transaction costs (in shares)   13,031,161   0    
Issuance of shares, underwritten offering, net of transaction costs 42,376 $ 1,285 41,091 $ 0    
Issuance of warrants, underwritten offering, net of transaction costs 50,760   50,760      
Share-based compensation expense 1,811   1,811      
Ending balance (in shares) at Jun. 30, 2025   115,080,481        
Ending balance at Jun. 30, 2025 $ (199,184) $ 9,753 1,380,224 $ (207) (388) (1,588,566)
Treasury stock, ending balance (in shares) at Jun. 30, 2025       (2,581,398)    
Beginning balance (in shares) at Dec. 31, 2025 125,748,762 128,310,010        
Beginning balance at Dec. 31, 2025 $ (185,834) $ 11,080 1,439,749 $ (205) (517) (1,635,941)
Treasury stock, beginning balance (in shares) at Dec. 31, 2025 (2,561,248)     (2,561,248)    
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Loss for the period $ (49,533)         (49,533)
Other comprehensive income (loss) (297)       (297) 0
Vestings of RSUs (in shares)   1,502,032        
Vesting of RSUs $ 0 $ 155 (155)      
Exercise of options (in shares) 187,379 187,379   0    
Exercise of stock options $ 323 $ 19 304 $ 0    
Share-based compensation expense $ 7,136   7,136      
Ending balance (in shares) at Jun. 30, 2026 127,438,173 129,999,421        
Ending balance at Jun. 30, 2026 $ (228,205) $ 11,254 1,447,034 $ (205) (814) (1,685,474)
Treasury stock, ending balance (in shares) at Jun. 30, 2026 (2,561,248)     (2,561,248)    
Beginning balance (in shares) at Mar. 31, 2026   129,726,364        
Beginning balance at Mar. 31, 2026 $ (216,377) $ 11,227 1,442,312 $ (205) (802) (1,668,909)
Treasury stock, beginning balance (in shares) at Mar. 31, 2026       (2,561,248)    
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Loss for the period (16,565)         (16,565)
Other comprehensive income (loss) (12)       (12)  
Vestings of RSUs (in shares)   209,652        
Vesting of RSUs 0 $ 21 (21)      
Exercise of options (in shares)   63,405        
Exercise of stock options 118 $ 6 112      
Share-based compensation expense $ 4,631   4,631      
Ending balance (in shares) at Jun. 30, 2026 127,438,173 129,999,421        
Ending balance at Jun. 30, 2026 $ (228,205) $ 11,254 $ 1,447,034 $ (205) $ (814) $ (1,685,474)
Treasury stock, ending balance (in shares) at Jun. 30, 2026 (2,561,248)     (2,561,248)