XML 15 R5.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Statements of Stockholders' Deficit - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Beginning balance (in shares) at Dec. 31, 2023   118,210,315        
Beginning balance at Dec. 31, 2023 $ (454,994) $ 118 $ 1,149,170 $ (1,549,284) $ 0 $ (54,998)
Increase (Decrease) in Stockholders' Equity            
Vesting of restricted stock units and performance-based restricted stock units (in shares)   439,783        
Vesting of restricted stock units and performance-based restricted stock units 1 $ 1        
Stock-based compensation 3,235   3,235      
Issuance of common stock from offering, net of issuance costs (in shares)   65,205,000        
Issuance of common stock from offering, net of issuance costs 90,672 $ 65 90,607      
Exercise of warrants (in shares)   4,000,000        
Exercise of warrants 5,766 $ 4 5,762      
Net income (loss) 61,022     61,022    
Ending balance (in shares) at Mar. 31, 2024   187,855,098        
Ending balance at Mar. 31, 2024 (294,298) $ 188 1,248,774 (1,488,262) 0 (54,998)
Beginning balance (in shares) at Dec. 31, 2023   118,210,315        
Beginning balance at Dec. 31, 2023 (454,994) $ 118 1,149,170 (1,549,284) 0 (54,998)
Increase (Decrease) in Stockholders' Equity            
Net income (loss) (903)          
Ending balance (in shares) at Jun. 30, 2024   194,625,408        
Ending balance at Jun. 30, 2024 (344,220) $ 195 1,260,770 (1,550,187) 0 (54,998)
Beginning balance (in shares) at Mar. 31, 2024   187,855,098        
Beginning balance at Mar. 31, 2024 (294,298) $ 188 1,248,774 (1,488,262) 0 (54,998)
Increase (Decrease) in Stockholders' Equity            
Vesting of restricted stock units and performance-based restricted stock units (in shares)   479,921        
Vesting of restricted stock units and performance-based restricted stock units 1 $ 1        
Stock-based compensation 2,931   2,931      
Exercise of stock options (in shares)   17,606        
Exercise of stock options 29   29      
Exercise of warrants (in shares)   6,272,783        
Exercise of warrants 9,042 $ 6 9,036      
Net income (loss) (61,925)     (61,925)    
Ending balance (in shares) at Jun. 30, 2024   194,625,408        
Ending balance at Jun. 30, 2024 (344,220) $ 195 1,260,770 (1,550,187) 0 (54,998)
Beginning balance (in shares) at Dec. 31, 2024   195,852,463        
Beginning balance at Dec. 31, 2024 (388,722) $ 196 1,267,109 (1,601,029) 0 (54,998)
Increase (Decrease) in Stockholders' Equity            
Vesting of restricted stock units and performance-based restricted stock units (in shares)   461,779        
Vesting of restricted stock units and performance-based restricted stock units 1 $ 1        
Vesting of ESPP Shares (in shares)   346,129        
Vesting of ESPP shares 500   500      
Stock-based compensation 2,465   2,465      
Net income (loss) (40,455)     (40,455)    
Ending balance (in shares) at Mar. 31, 2025   196,660,371        
Ending balance at Mar. 31, 2025 (426,211) $ 197 1,270,074 (1,641,484) 0 (54,998)
Beginning balance (in shares) at Dec. 31, 2024   195,852,463        
Beginning balance at Dec. 31, 2024 $ (388,722) $ 196 1,267,109 (1,601,029) 0 (54,998)
Increase (Decrease) in Stockholders' Equity            
Exercise of stock options (in shares) 0          
Net income (loss) $ (53,180)          
Ending balance (in shares) at Jun. 30, 2025   200,155,266        
Ending balance at Jun. 30, 2025 (433,509) $ 200 1,275,498 (1,654,209) 0 (54,998)
Beginning balance (in shares) at Mar. 31, 2025   196,660,371        
Beginning balance at Mar. 31, 2025 (426,211) $ 197 1,270,074 (1,641,484) 0 (54,998)
Increase (Decrease) in Stockholders' Equity            
Vesting of restricted stock units and performance-based restricted stock units (in shares)   829,390        
Vesting of restricted stock units and performance-based restricted stock units 0   0      
Stock-based compensation 2,669   2,669      
Issuance of common stock from offering, net of issuance costs (in shares)   2,665,505        
Issuance of common stock from offering, net of issuance costs 2,758 $ 3 2,755      
Net income (loss) (12,725)     (12,725)    
Ending balance (in shares) at Jun. 30, 2025   200,155,266        
Ending balance at Jun. 30, 2025 $ (433,509) $ 200 $ 1,275,498 $ (1,654,209) $ 0 $ (54,998)