Stockholders' Equity |
9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 30, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stockholders' Equity | 5. STOCKHOLDERS’ EQUITY Common Stock The Company is authorized to issue 150,000,000 shares of common stock at a par value of $0.0001 per share. The Company reserved common stock for future issuance as follows:
Changes in Capital Structure During the nine months ended September 30, 2026, the Company sold 1,092,798 shares of its common stock under the ATM at an average price per share of $33.05 for gross proceeds of $36.1 million and net proceeds of $35.4 million after deducting commissions and offering expenses of $0.7 million. The Company utilized the ATM for the first time in 2026; accordingly, there are no prior period issuances for comparison. The Company intends to use the net proceeds for general corporate activities, including working capital. |
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