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CONSOLIDATED STATEMENTS OF REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' EQUITY (DEFICIT) - USD ($)
$ in Thousands
Total
Series A
Series B
Series C
IPO
Private Placement
Follow-on offering
Common Stock
Common Stock
IPO
Common Stock
Private Placement
Common Stock
Follow-on offering
Additional Paid In Capital
Additional Paid In Capital
IPO
Additional Paid In Capital
Private Placement
Additional Paid In Capital
Follow-on offering
Accumulated Deficit
Accumulated Other Comprehensive Loss
Beginning Balance at Dec. 31, 2021 $ (121,515)             $ 1       $ 8,615       $ (130,111) $ (20)
Beginning Balance, Shares at Dec. 31, 2021               544,210                  
Temporary Equity, Beginning Balance at Dec. 31, 2021   $ 28,894 $ 85,367 $ 119,118                          
Temporary Equity, Beginning balance, shares at Dec. 31, 2021   5,413,272 8,975,585 10,396,707                          
Issuance of common stock, net of transaction costs, value         $ 127,283 $ 9,958 $ 120,719   $ 9 $ 1 $ 8   $ 127,274 $ 9,957 $ 120,711    
Issuance of common stock, net of transaction costs, shares                 9,487,500 590,318 8,050,000            
Issuance of common stock from vesting / early exercise of restricted stock, value 122                     122          
Issuance of common stock from vesting / early excercise of restricted stock, shares               42,709                  
Conversion of preferred stock to common stock, value 233,379             $ 25       233,354          
Conversion of preferred stock to common stock, shares               24,785,564                  
Temporary Equity, Conversion of stock, value   $ (28,894) $ (85,367) $ (119,118)                          
Temporary Equity, Conversion of stock, shares   (5,413,272) (8,975,585) (10,396,707)                          
Exercise of stock options, value 2,344                     2,344          
Exercise of stock options, shares               605,680                  
Share-based compensation 21,544                     21,544          
Unrealized gain (loss) on marketable securities (201)                               (201)
Net Income (Loss) (188,679)                             (188,679)  
Ending Balance at Dec. 31, 2022 204,954             $ 44       523,921       (318,790) (221)
Ending Balance, shares at Dec. 31, 2022               44,105,981                  
Issuance of common stock, net of transaction costs, value           $ 299,706       $ 7       $ 299,699      
Issuance of common stock, net of transaction costs, shares                   6,720,803              
Issuance of common stock from vesting / early excercise of restricted stock, shares               295,496                  
Exercise of stock options, value 7,763             $ 1       7,762          
Exercise of stock options, shares               1,114,015                  
Issuance of common stock pursuant to employee stock purchase plan, value 1,090                     1,090          
Issuance of common stock pursuant to employee stock purchase plan, Shares               43,782                  
Share-based compensation 41,789                     41,789          
Unrealized gain (loss) on marketable securities 768                               768
Net Income (Loss) (70,690)                             (70,690)  
Ending Balance at Dec. 31, 2023 $ 485,380             $ 52       $ 874,261       $ (389,480) $ 547
Ending Balance, shares at Dec. 31, 2023               52,280,077