v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Class A Common Stock
Class B Common Stock
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Additional Paid-In Capital
Accumulated Deficit
Balance at beginning of the period (in shares) at Dec. 31, 2024       188,626,154 26,426,937    
Balance at beginning of the period at Dec. 31, 2024 $ 168,832     $ 19 $ 3 $ 970,940 $ (802,130)
Increase (Decrease) in Stockholders' Equity              
Net loss (61,772)           (61,772)
Net proceeds from share offering (in shares)       27,600,000      
Net proceeds from share offering 81,006     $ 3   81,003  
Common stock issued upon exercise of stock options (in shares)       179,503      
Common stock issued upon exercise of stock options 274         274  
Common stock issued upon vesting of restricted stock units, net (in shares)       8,574,842      
Common stock issued upon vesting of restricted stock units, net (2,774)     $ 1   (2,775)  
Common stock issued for employee stock purchase plan (in shares)       1,126,754      
Common stock issued for employee stock purchase plan 949         949  
Stock-based compensation expense 17,315         17,315  
Balance at end of the period (in shares) at Sep. 30, 2025       226,107,253 26,426,937    
Balance at end of the period at Sep. 30, 2025 203,830     $ 23 $ 3 1,067,706 (863,902)
Balance at beginning of the period (in shares) at Jun. 30, 2025       224,609,833 26,426,937    
Balance at beginning of the period at Jun. 30, 2025 232,806     $ 22 $ 3 1,062,712 (829,931)
Increase (Decrease) in Stockholders' Equity              
Net loss (33,971)           (33,971)
Common stock issued upon vesting of restricted stock units, net (in shares)       1,497,420      
Common stock issued upon vesting of restricted stock units, net 1            
Stock-based compensation expense 4,994         4,994  
Balance at end of the period (in shares) at Sep. 30, 2025       226,107,253 26,426,937    
Balance at end of the period at Sep. 30, 2025 203,830     $ 23 $ 3 1,067,706 (863,902)
Balance at beginning of the period (in shares) at Dec. 31, 2025   227,318,426 26,426,937 227,318,426 26,426,937    
Balance at beginning of the period at Dec. 31, 2025 195,979     $ 23 $ 3 1,075,147 (879,194)
Increase (Decrease) in Stockholders' Equity              
Net loss (38,394)           (38,394)
Conversion of Class B common stock (in shares)       5,000,000 (5,000,000)    
Conversion of Class B common stock $ 0     $ 1 $ (1)    
Common stock issued upon exercise of stock options (in shares) 1,900,084     1,900,084      
Common stock issued upon exercise of stock options $ 6,084         6,084  
Common stock issued upon vesting of restricted stock units, net (in shares)       10,375,997      
Common stock issued upon vesting of restricted stock units, net (6)     $ 1   (7)  
Common stock issued for employee stock purchase plan (in shares)       1,310,944      
Common stock issued for employee stock purchase plan 1,233         1,233  
Stock-based compensation expense 19,549         19,549  
Balance at end of the period (in shares) at Sep. 30, 2026   245,905,451 21,426,937 245,905,451 21,426,937    
Balance at end of the period at Sep. 30, 2026 184,445     $ 25 $ 2 1,102,006 (917,588)
Balance at beginning of the period (in shares) at Jun. 30, 2026       237,995,479 26,426,937    
Balance at beginning of the period at Jun. 30, 2026 189,400     $ 24 $ 3 1,094,154 (904,781)
Increase (Decrease) in Stockholders' Equity              
Net loss (12,807)           (12,807)
Conversion of Class B common stock (in shares)       5,000,000 (5,000,000)    
Conversion of Class B common stock 0     $ 1 $ (1)    
Common stock issued upon exercise of stock options (in shares)       237,146      
Common stock issued upon exercise of stock options 1,053         1,053  
Common stock issued upon vesting of restricted stock units, net (in shares)       2,672,826      
Stock-based compensation expense 6,799         6,799  
Balance at end of the period (in shares) at Sep. 30, 2026   245,905,451 21,426,937 245,905,451 21,426,937    
Balance at end of the period at Sep. 30, 2026 $ 184,445     $ 25 $ 2 $ 1,102,006 $ (917,588)