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Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Beginning balance at Dec. 31, 2023 $ (99,231) $ 0 $ 1,870,123 $ (204) $ (1,969,150)
Beginning balance (in shares) at Dec. 31, 2023   4,258      
Issuance of pre-funded warrants to purchase common stock through a registered direct offering, net of offering costs , value 14,823   14,823    
Issuance of common stock through ATM facilities, net of commissions and offering costs, value 9,312   9,312    
Issuance of common stock through ATM facilities, net of commissions and offering costs, shares   493      
RSU settlements, net of shares withheld (6)   (6)    
RSU settlements, net of shares withheld, shares   63      
Stock-based compensation expense 8,397   8,397    
Net (loss) income (31,752)       (31,752)
Unrealized gain (loss) on available-for-sale securities 149     149 0
Ending balance at Mar. 31, 2024 (98,308) $ 0 1,902,649 (55) (2,000,902)
Ending balance (in shares) at Mar. 31, 2024   4,814      
Beginning balance at Dec. 31, 2023 (99,231) $ 0 1,870,123 (204) (1,969,150)
Beginning balance (in shares) at Dec. 31, 2023   4,258      
Net (loss) income (50,801)        
Unrealized gain (loss) on available-for-sale securities 190        
Ending balance at Jun. 30, 2024 (110,868) $ 0 1,909,097 (14) (2,019,951)
Ending balance (in shares) at Jun. 30, 2024   4,904      
Beginning balance at Mar. 31, 2024 (98,308) $ 0 1,902,649 (55) (2,000,902)
Beginning balance (in shares) at Mar. 31, 2024   4,814      
RSU settlements, net of shares withheld (1)   (1)    
RSU settlements, net of shares withheld, shares   81      
Issuance of common stock pursuant to employee stock awards, shares   9      
Issuance of common stock pursuant to employee stock awards 113   113    
Stock-based compensation expense 6,336   6,336    
Net (loss) income (19,049)       (19,049)
Unrealized gain (loss) on available-for-sale securities 41     41 0
Ending balance at Jun. 30, 2024 (110,868) $ 0 1,909,097 (14) (2,019,951)
Ending balance (in shares) at Jun. 30, 2024   4,904      
Beginning balance at Dec. 31, 2024 (97,283) $ 1 1,957,261 8 (2,054,553)
Beginning balance (in shares) at Dec. 31, 2024   5,859      
RSU settlements, net of shares withheld, shares   65      
Stock-based compensation expense 4,209   4,209    
Net (loss) income 38,010       38,010
Unrealized gain (loss) on available-for-sale securities (8)     (8)  
Ending balance at Mar. 31, 2025 (55,072) $ 1 1,961,470 0 (2,016,543)
Ending balance (in shares) at Mar. 31, 2025   5,924      
Beginning balance at Dec. 31, 2024 (97,283) $ 1 1,957,261 8 (2,054,553)
Beginning balance (in shares) at Dec. 31, 2024   5,859      
Net (loss) income 40,397        
Unrealized gain (loss) on available-for-sale securities (8)        
Ending balance at Jun. 30, 2025 (35,041) $ 1 1,979,114 0 (2,014,156)
Ending balance (in shares) at Jun. 30, 2025   6,978      
Beginning balance at Mar. 31, 2025 $ (55,072) $ 1 1,961,470 0 (2,016,543)
Beginning balance (in shares) at Mar. 31, 2025   5,924      
Issuance of pre-funded warrants to purchase common stock through an underwritten registered direct offering, net of offering costs (in shares) 834        
Issuance of pre-funded warrants to purchase common stock through a registered direct offering, net of offering costs , value $ 14,843   14,843    
RSU settlements, net of shares withheld (1)   (1)    
RSU settlements, net of shares withheld, shares   220      
Issuance of common stock pursuant to employee stock awards 1   1    
Stock-based compensation expense 2,801   2,801    
Net (loss) income 2,387       2,387
Unrealized gain (loss) on available-for-sale securities 0        
Ending balance at Jun. 30, 2025 $ (35,041) $ 1 $ 1,979,114 $ 0 $ (2,014,156)
Ending balance (in shares) at Jun. 30, 2025   6,978