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STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Common Stock
Voting Common Stock
Common Stock
Non-voting Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Loss
Accumulated Deficit
Beginning balance at Dec. 31, 2022 $ 195,437 $ 4 $ 1 $ 531,682 $ (1,692) $ (334,558)
Beginning balance (shares) at Dec. 31, 2022   36,496,994 11,402,037      
Issuance of common stock upon exercise of stock options & vesting of RSUs 28     28    
Issuance of common stock upon exercise of stock options & vesting of RSUs, (shares)   17,224        
Unrealized gain (loss) on marketable securities, net of tax 1,294       1,294  
Stock-based compensation expense 6,256     6,256    
Net loss (27,718)         (27,718)
Ending balance at Mar. 31, 2023 175,297 $ 4 $ 1 537,966 (398) (362,276)
Ending balance (shares) at Mar. 31, 2023   36,514,218 11,402,037      
Beginning balance at Dec. 31, 2022 195,437 $ 4 $ 1 531,682 (1,692) (334,558)
Beginning balance (shares) at Dec. 31, 2022   36,496,994 11,402,037      
Net loss (58,149)          
Ending balance at Jun. 30, 2023 262,060 $ 4 $ 1 655,473 (711) (392,707)
Ending balance (shares) at Jun. 30, 2023   41,958,456 12,850,259      
Beginning balance at Mar. 31, 2023 175,297 $ 4 $ 1 537,966 (398) (362,276)
Beginning balance (shares) at Mar. 31, 2023   36,514,218 11,402,037      
Issuance of common stock upon exercise of stock options & vesting of RSUs 3     3    
Issuance of common stock upon exercise of stock options & vesting of RSUs, (shares)   40,461        
Issuance of common stock and prefunded warrants, net of issuance costs of $2.6 million (shares)   5,312,978 1,448,222      
Issuance of common stock and prefunded warrants, net of issuance costs of $2.6 million 110,423     110,423    
Issuance of common stock under ESPP 348     348    
Issuance of common stock under ESPP, (shares)   90,799        
Unrealized gain (loss) on marketable securities, net of tax (313)       (313)  
Stock-based compensation expense 6,733     6,733    
Net loss (30,431)         (30,431)
Ending balance at Jun. 30, 2023 262,060 $ 4 $ 1 655,473 (711) (392,707)
Ending balance (shares) at Jun. 30, 2023   41,958,456 12,850,259      
Beginning balance at Dec. 31, 2023 237,090 $ 4 $ 1 693,252 223 (456,390)
Beginning balance (shares) at Dec. 31, 2023   42,063,995 12,850,259      
Issuance of common stock upon exercise of stock options & vesting of RSUs (14)     (14)    
Issuance of common stock upon exercise of stock options & vesting of RSUs, (shares)   7,510        
Unrealized gain (loss) on marketable securities, net of tax (458)       (458)  
Stock-based compensation expense 5,547     5,547    
Net loss (31,431)         (31,431)
Ending balance at Mar. 31, 2024 210,734 $ 4 $ 1 698,785 (235) (487,821)
Ending balance (shares) at Mar. 31, 2024   42,071,505 12,850,259      
Beginning balance at Dec. 31, 2023 237,090 $ 4 $ 1 693,252 223 (456,390)
Beginning balance (shares) at Dec. 31, 2023   42,063,995 12,850,259      
Net loss (66,171)          
Ending balance at Jun. 30, 2024 182,276 $ 4 $ 1 705,122 (290) (522,561)
Ending balance (shares) at Jun. 30, 2024   42,158,224 12,850,259      
Beginning balance at Mar. 31, 2024 210,734 $ 4 $ 1 698,785 (235) (487,821)
Beginning balance (shares) at Mar. 31, 2024   42,071,505 12,850,259      
Issuance of common stock upon exercise of stock options & vesting of RSUs (16)     (16)    
Issuance of common stock upon exercise of stock options & vesting of RSUs, (shares)   7,803        
Issuance of common stock under ESPP 255     255    
Issuance of common stock under ESPP, (shares)   78,916        
Unrealized gain (loss) on marketable securities, net of tax (55)       (55)  
Stock-based compensation expense 6,098     6,098    
Net loss (34,740)         (34,740)
Ending balance at Jun. 30, 2024 $ 182,276 $ 4 $ 1 $ 705,122 $ (290) $ (522,561)
Ending balance (shares) at Jun. 30, 2024   42,158,224 12,850,259