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CONDENSED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Pre-funded warrant
Common Stock
Common Stock
Pre-funded warrant
Additional Paid-In Capital
Additional Paid-In Capital
Pre-funded warrant
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Beginning Balance at Dec. 31, 2023 $ 273,285   $ 5   $ 708,706   $ 8 $ (435,434)
Beginning Balance, Shares at Dec. 31, 2023     49,181,295          
Issuance of common stock upon exercise of stock options 578 $ 225,073     578 $ 225,071    
Issuance of common stock upon exercise of stock options, Shares     128,671 21,010,000        
Issuance of common stock, net of issuance costs       $ 2        
Issuance of common stock upon vesting of restricted stock units, Shares     133,595          
Share-based compensation expense 4,368       4,368      
Unrealized loss on investments (135)           (135)  
Net loss (29,518)             (29,518)
Ending Balance at Mar. 31, 2024 473,651   $ 7   938,723   (127) (464,952)
Ending Balance, Shares at Mar. 31, 2024     70,453,561          
Beginning Balance at Dec. 31, 2024 407,976   $ 7   951,519   674 (544,224)
Beginning Balance, Shares at Dec. 31, 2024     70,645,139          
Issuance of common stock upon vesting of restricted stock units, Shares     312,415          
Share-based compensation expense 2,834       2,834      
Unrealized loss on investments (22)           (22)  
Net loss (31,983)             (31,983)
Ending Balance at Mar. 31, 2025 $ 378,805   $ 7   $ 954,353   $ 652 $ (576,207)
Ending Balance, Shares at Mar. 31, 2025     70,957,554