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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Private Placement
Pre-Funded Warrants
Private Placement
Common Stock
Common Stock
Private Placement
Additional Paid-In Capital
Additional Paid-In Capital
Private Placement
Additional Paid-In Capital
Pre-Funded Warrants
Private Placement
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Beginning Balance at Dec. 31, 2022 $ 170,475     $ 22   $ 226,580     $ (95) $ (56,032)
Beginning Balance, Shares at Dec. 31, 2022       21,920,402            
Exercise of common stock options, Shares       232            
Stock-based compensation expense 2,646         2,646        
Unrealized gain (loss) on available-for-sale investments, net of tax 104               104  
Net Income (Loss) (12,756)                 (12,756)
Ending Balance at Mar. 31, 2023 160,469     $ 22   229,226     9 (68,788)
Ending Balance, Shares at Mar. 31, 2023       21,920,634            
Beginning Balance at Dec. 31, 2022 170,475     $ 22   226,580     (95) (56,032)
Beginning Balance, Shares at Dec. 31, 2022       21,920,402            
Unrealized gain (loss) on available-for-sale investments, net of tax (332)                  
Net Income (Loss) (26,670)                  
Ending Balance at Jun. 30, 2023 149,184     $ 22   232,291     (427) (82,702)
Ending Balance, Shares at Jun. 30, 2023       22,068,660            
Beginning Balance at Mar. 31, 2023 160,469     $ 22   229,226     9 (68,788)
Beginning Balance, Shares at Mar. 31, 2023       21,920,634            
Exercise of common stock options 379         379        
Exercise of common stock options, Shares       148,026            
Stock-based compensation expense 2,686         2,686        
Unrealized gain (loss) on available-for-sale investments, net of tax (436)               (436)  
Net Income (Loss) (13,914)                 (13,914)
Ending Balance at Jun. 30, 2023 149,184     $ 22   232,291     (427) (82,702)
Ending Balance, Shares at Jun. 30, 2023       22,068,660            
Beginning Balance at Dec. 31, 2023 121,195     $ 23   237,675     (83) (116,420)
Beginning Balance, Shares at Dec. 31, 2023       22,522,644            
Exercise of common stock options 79         79        
Exercise of common stock options, Shares       20,277            
Issuance of common stock upon vesting of restricted stock units, net of shares withheld for tax (166)         (166)        
Issuance of common stock upon vesting of restricted stock units, net of shares withheld for tax, Shares       94,618            
Stock-based compensation expense 3,344         3,344        
Unrealized gain (loss) on available-for-sale investments, net of tax 13               13  
Net Income (Loss) (16,486)                 (16,486)
Ending Balance at Mar. 31, 2024 107,979     $ 23   240,932     (70) (132,906)
Ending Balance, Shares at Mar. 31, 2024       22,637,539            
Beginning Balance at Dec. 31, 2023 $ 121,195     $ 23   237,675     (83) (116,420)
Beginning Balance, Shares at Dec. 31, 2023       22,522,644            
Exercise of common stock options, Shares 30,875                  
Unrealized gain (loss) on available-for-sale investments, net of tax $ 64                  
Net Income (Loss) (35,284)                  
Ending Balance at Jun. 30, 2024 216,058     $ 31   367,750     (19) (151,704)
Ending Balance, Shares at Jun. 30, 2024       30,966,255            
Beginning Balance at Mar. 31, 2024 107,979     $ 23   240,932     (70) (132,906)
Beginning Balance, Shares at Mar. 31, 2024       22,637,539            
Issuance of common stock in private placement, net of issuance costs   $ 66,637     $ 8   $ 66,629      
Issuance of common stock in private placement, net of issuance costs, Shares         8,235,000          
Issuance of pre-funded warrants in private placement, net of issuance costs     $ 57,122         $ 57,122    
Exercise of common stock options 11         11        
Exercise of common stock options, Shares       10,598            
Issuance of common stock upon vesting of restricted stock units, net of shares withheld for tax (510)         (510)        
Issuance of common stock upon vesting of restricted stock units, net of shares withheld for tax, Shares       83,118            
Stock-based compensation expense 3,566         3,566        
Unrealized gain (loss) on available-for-sale investments, net of tax 51               51  
Net Income (Loss) (18,798)                 (18,798)
Ending Balance at Jun. 30, 2024 $ 216,058     $ 31   $ 367,750     $ (19) $ (151,704)
Ending Balance, Shares at Jun. 30, 2024       30,966,255