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Condensed Consolidated Statements of Changes in Stockholders' Equity (unaudited) - USD ($)
$ in Millions
Total
Common
Accumulated Deficit
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Treasury
Beginning balance (in shares) at Dec. 31, 2023   68,000,000.0        
Beginning balance (in shares) at Dec. 31, 2023           0
Beginning balance at Dec. 31, 2023 $ 660.0 $ 0.1 $ (1,332.7) $ 1,995.7 $ (3.1) $ 0.0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock-based compensation 64.9     64.9    
Net loss (153.8)   (153.8)      
Issuance of common stock under equity incentive plans (in shares)   700,000        
Issuance of common stock under equity incentive plans 7.7     7.7    
Unrealized gain on available-for-sale securities 7.2       7.2  
Ending balance (in shares) at Sep. 30, 2024   68,700,000        
Ending balance (in shares) at Sep. 30, 2024           0
Ending balance at Sep. 30, 2024 586.0 $ 0.1 (1,486.5) 2,068.3 4.1 $ 0.0
Beginning balance (in shares) at Jun. 30, 2024   68,600,000        
Beginning balance (in shares) at Jun. 30, 2024           0
Beginning balance at Jun. 30, 2024 600.2 $ 0.1 (1,437.3) 2,041.2 (3.8) $ 0.0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock-based compensation 24.7     24.7    
Net loss (49.2)   (49.2)      
Issuance of common stock under equity incentive plans (in shares)   100,000        
Issuance of common stock under equity incentive plans 2.4     2.4    
Unrealized gain on available-for-sale securities 7.9       7.9  
Ending balance (in shares) at Sep. 30, 2024   68,700,000        
Ending balance (in shares) at Sep. 30, 2024           0
Ending balance at Sep. 30, 2024 $ 586.0 $ 0.1 (1,486.5) 2,068.3 4.1 $ 0.0
Beginning balance (in shares) at Dec. 31, 2024 68,800,000 68,800,000        
Beginning balance (in shares) at Dec. 31, 2024 0         0
Beginning balance at Dec. 31, 2024 $ 561.7 $ 0.1 (1,531.6) 2,092.2 1.0 $ 0.0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock-based compensation 35.5     35.5    
Net loss (13.4)   (13.4)      
Issuance of common stock under equity incentive plans (in shares)   1,200,000        
Issuance of common stock under equity incentive plans $ 0.5     0.5    
Issuance of common stock for pre-funded warrants (in shares)   3,400,000        
Share repurchases (treasury stock) (in shares) 2,560,030         2,600,000
Share repurchases (treasury stock) $ (20.3)         $ (20.3)
Unrealized gain on available-for-sale securities $ 0.4       0.4  
Ending balance (in shares) at Sep. 30, 2025 70,800,000 73,400,000        
Ending balance (in shares) at Sep. 30, 2025 2,600,000         2,600,000
Ending balance at Sep. 30, 2025 $ 564.4 $ 0.1 (1,545.0) 2,128.2 1.4 $ (20.3)
Beginning balance (in shares) at Jun. 30, 2025   73,200,000        
Beginning balance (in shares) at Jun. 30, 2025           0
Beginning balance at Jun. 30, 2025 609.3 $ 0.1 (1,509.9) 2,118.1 1.0 $ 0.0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock-based compensation 10.1     10.1    
Net loss $ (35.1)   (35.1)      
Issuance of common stock under equity incentive plans (in shares)   200,000        
Share repurchases (treasury stock) (in shares) 2,560,030         2,600,000
Share repurchases (treasury stock) $ (20.3)         $ (20.3)
Unrealized gain on available-for-sale securities $ 0.4       0.4  
Ending balance (in shares) at Sep. 30, 2025 70,800,000 73,400,000        
Ending balance (in shares) at Sep. 30, 2025 2,600,000         2,600,000
Ending balance at Sep. 30, 2025 $ 564.4 $ 0.1 $ (1,545.0) $ 2,128.2 $ 1.4 $ (20.3)