XML 15 R5.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Total
ATM program [Member]
Preferred Stock [Member]
Series A Non-Voting Convertible Preferred Stock [Member]
Preferred Stock [Member]
Series B Non-Voting Convertible Preferred Stock [Member]
Common Stock [Member]
Common Stock [Member]
ATM program [Member]
Common Stock [Member]
Series A Non-Voting Convertible Preferred Stock [Member]
Additional Paid-in Capital [Member]
Additional Paid-in Capital [Member]
ATM program [Member]
Additional Paid-in Capital [Member]
Series A Non-Voting Convertible Preferred Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Deficit [Member]
Beginning Balances at Dec. 31, 2023 $ 257,802   $ 60,035   $ 86     $ 801,059     $ 246 $ (603,624)
Beginning Balances, Shares at Dec. 31, 2023     74,465   86,124,249              
Issuance of Series B Preferred Stock and common stock, net of issuance costs of $11.6 million, in connection with the Private Placement 213,416     $ 87,364 $ 18     126,034        
Issuance of Series B Preferred Stock and common stock, net of issuance costs of $11.6 million, in connection with the Private Placement, Shares       12,280 17,717,997              
Exchange of common stock for Series B Preferred Stock       $ 74,754 $ (8)     (74,746)        
Exchange of common stock for Series B Preferred Stock, Shares       8,300 (8,300,000)              
Issuance of common stock under Employee Stock Purchase Plan, Shares         71,150              
Issuance of common stock under Employee Stock Purchase Plan 356             356        
Unrealized gains (losses) on marketable securities (285)                   (285)  
Stock-based compensation expense 9,393             9,393        
Net loss (58,348)                     (58,348)
Ending Balances at Mar. 31, 2024 422,334   $ 60,035 $ 162,118 $ 96     862,096     (39) (661,972)
Ending Balances, Shares at Mar. 31, 2024     74,465 20,580 95,613,396              
Beginning Balances at Dec. 31, 2024 256,286   $ 56,515 $ 54,085 $ 110     1,004,612     447 (859,483)
Beginning Balances, Shares at Dec. 31, 2024     70,465 6,868 110,461,729              
Issuance of common stock, net of issuance costs   $ 24,250       $ 3     $ 24,247      
Issuance of common stock, net of issuance costs, Shares           2,587,992            
Conversion of preferred stock into common stock     $ (2,435)       $ 1     $ 2,434    
Conversion of preferred stock into common stock, Shares     (2,767)       691,750          
Issuance of common stock from exercises 136             136        
Issuance of common stock from exercises, Shares         26,842              
Issuance of common stock under Employee Stock Purchase Plan, Shares         88,141              
Issuance of common stock under Employee Stock Purchase Plan 584             584        
Unrealized gains (losses) on marketable securities (283)                   (283)  
Stock-based compensation expense 10,008             10,008        
Net loss (71,986)                     (71,986)
Ending Balances at Mar. 31, 2025 $ 218,995   $ 54,080 $ 54,085 $ 114     $ 1,042,021     $ 164 $ (931,469)
Ending Balances, Shares at Mar. 31, 2025     67,698 6,868 113,856,454