v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Balance, shares at Dec. 31, 2024   210 3,420,906    
Balance, amount at Dec. 31, 2024 $ 91,993     $ 406,848 $ (314,855)
Public offering sale of common stock, warrants, and prefunded warrants, net of offering costs, shares     378,346    
Public offering sale of common stock, warrants and prefunded warrants, net of offering costs, amount 23,216     23,216  
Exercise of pre-funded warrants, shares     99,189    
Exercise of pre-funded warrants, amount 1     1  
Exercise of warrants, shares     71,944    
Exercise of warrants, amount 347     347  
Stock-based compensation expense 4,142     4,142  
Net loss (10,408)       (10,408)
Balance, shares at Mar. 31, 2025   210 3,970,385    
Balance, amount at Mar. 31, 2025 109,291     434,554 (325,263)
Balance, shares at Dec. 31, 2024   210 3,420,906    
Balance, amount at Dec. 31, 2024 91,993     406,848 (314,855)
Net loss (37,059)        
Balance, shares at Sep. 30, 2025   210 5,907,233    
Balance, amount at Sep. 30, 2025 96,211   $ 1 448,124 (351,914)
Balance, shares at Mar. 31, 2025   210 3,970,385    
Balance, amount at Mar. 31, 2025 109,291     434,554 (325,263)
Exercise of pre-funded warrants, shares     116,693    
Exercise of pre-funded warrants, amount 1     1  
Exercise of warrants, shares     61,417    
Exercise of warrants, amount 276     276  
Stock-based compensation expense 4,609     4,609  
Net loss (10,847)       (10,847)
Balance, shares at Jun. 30, 2025   210 4,148,495    
Balance, amount at Jun. 30, 2025 103,330     439,440 (336,110)
Exercise of pre-funded warrants, shares     1,099,400    
Exercise of pre-funded warrants, amount 4   $ 1 3  
Exercise of warrants, shares     659,338    
Exercise of warrants, amount 3,059     3,059  
Stock-based compensation expense 5,622     5,622  
Net loss (15,804)       (15,804)
Balance, shares at Sep. 30, 2025   210 5,907,233    
Balance, amount at Sep. 30, 2025 96,211   $ 1 448,124 (351,914)
Balance, shares at Dec. 31, 2025   210 9,314,130    
Balance, amount at Dec. 31, 2025 97,071   $ 1 464,524 (367,454)
Exercise of pre-funded warrants, shares     8,533,958    
Exercise of pre-funded warrants, amount 53   $ 1 52  
Exercise of warrants, shares     6,422,412    
Exercise of warrants, amount 30,416     30,416  
Exercise of options, shares     5,000    
Exercise of options, amount 30     30  
Stock-based compensation expense 2,838     2,838  
Net loss (15,716)       (15,716)
Balance, shares at Mar. 31, 2026   210 24,275,500    
Balance, amount at Mar. 31, 2026 114,692   $ 2 497,860 (383,170)
Balance, shares at Dec. 31, 2025   210 9,314,130    
Balance, amount at Dec. 31, 2025 $ 97,071   $ 1 464,524 (367,454)
Exercise of options, shares 13,719        
Net loss $ (50,223)        
Balance, shares at Sep. 30, 2026   210 45,536,448    
Balance, amount at Sep. 30, 2026 108,659   $ 5 526,331 (417,677)
Balance, shares at Mar. 31, 2026   210 24,275,500    
Balance, amount at Mar. 31, 2026 114,692   $ 2 497,860 (383,170)
Exercise of pre-funded warrants, shares     4,707,239    
Exercise of pre-funded warrants, amount 31   $ 1 30  
Exercise of warrants, shares     2,964,546    
Exercise of warrants, amount 13,340     13,340  
Vesting of restricted stock units, shares     2,500    
Stock-based compensation expense 3,330     3,330  
Net loss (17,803)       (17,803)
Balance, shares at Jun. 30, 2026   210 31,949,785    
Balance, amount at Jun. 30, 2026 113,590   $ 3 514,560 (400,973)
Exercise of pre-funded warrants, shares     11,777,471    
Exercise of pre-funded warrants, amount 91   $ 2 89  
Exercise of warrants, shares     1,797,973    
Exercise of warrants, amount 8,091     8,091  
Exercise of options, shares     8,719    
Exercise of options, amount 51     51  
Vesting of restricted stock units, shares     2,500    
Stock-based compensation expense 3,540     3,540  
Net loss (16,704)       (16,704)
Balance, shares at Sep. 30, 2026   210 45,536,448    
Balance, amount at Sep. 30, 2026 $ 108,659   $ 5 $ 526,331 $ (417,677)