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STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Gain (Loss)
Beginning Balance at Dec. 31, 2022 $ 222,351 $ 5 $ 557,867 $ (334,230) $ (1,291)
Beginning Balance (in shares) at Dec. 31, 2022   45,089,537      
Exercise of common stock options (in shares)   16      
Issuance of common stock upon vesting of RSUs (in shares)   1,662      
Stock-based compensation expense 3,614   3,614    
Unrealized (loss) gain on investments 792       792
Net loss (23,945)     (23,945)  
Ending Balance at Mar. 31, 2023 202,812 $ 5 561,481 (358,175) (499)
Ending Balance (in shares) at Mar. 31, 2023   45,091,215      
Beginning Balance at Dec. 31, 2022 222,351 $ 5 557,867 (334,230) (1,291)
Beginning Balance (in shares) at Dec. 31, 2022   45,089,537      
Unrealized (loss) gain on investments 724        
Ending Balance at Jun. 30, 2023 268,799 $ 6 650,479 (381,119) (567)
Ending Balance (in shares) at Jun. 30, 2023   54,532,171      
Beginning Balance at Mar. 31, 2023 202,812 $ 5 561,481 (358,175) (499)
Beginning Balance (in shares) at Mar. 31, 2023   45,091,215      
Issuance of common stock, net 84,774 $ 1 84,773    
Issuance of common stock, net (in shares)   9,285,710      
Issuance of common stock upon vesting of RSUs (in shares)   9,308      
Issuance of common stock from ESPP, shares   145,938      
Issuance of common stock from ESPP, value 400   400    
Stock-based compensation expense 3,825   3,825    
Unrealized (loss) gain on investments (68)       (68)
Net loss (22,944)     (22,944)  
Ending Balance at Jun. 30, 2023 268,799 $ 6 650,479 (381,119) (567)
Ending Balance (in shares) at Jun. 30, 2023   54,532,171      
Beginning Balance at Dec. 31, 2023 $ 224,088 $ 6 658,751 (434,927) 258
Beginning Balance (in shares) at Dec. 31, 2023 54,865,553 54,865,553      
Issuance of common stock, net $ 124,832 $ 1 124,831    
Issuance of common stock, net (in shares)   12,500,000      
Exercise of common stock options (in shares)   51,540      
Exercise of common stock options 198   198    
Issuance of common stock upon vesting of RSUs (in shares)   3,245      
Stock-based compensation expense 4,958   4,958    
Unrealized (loss) gain on investments (420)       (420)
Net loss (25,011)     (25,011)  
Ending Balance at Mar. 31, 2024 328,645 $ 7 788,738 (459,938) (162)
Ending Balance (in shares) at Mar. 31, 2024   67,420,338      
Beginning Balance at Dec. 31, 2023 $ 224,088 $ 6 658,751 (434,927) 258
Beginning Balance (in shares) at Dec. 31, 2023 54,865,553 54,865,553      
Exercise of common stock options (in shares) 123,476        
Unrealized (loss) gain on investments $ (514)        
Ending Balance at Jun. 30, 2024 $ 302,400 $ 7 794,550 (491,901) (256)
Ending Balance (in shares) at Jun. 30, 2024 67,672,303 67,672,303      
Beginning Balance at Mar. 31, 2024 $ 328,645 $ 7 788,738 (459,938) (162)
Beginning Balance (in shares) at Mar. 31, 2024   67,420,338      
Exercise of common stock options (in shares)   71,936      
Exercise of common stock options 293   293    
Issuance of common stock upon vesting of RSUs (in shares)   10,780      
Issuance of common stock from ESPP, shares   169,249      
Issuance of common stock from ESPP, value 523   523    
Stock-based compensation expense 4,996   4,996    
Unrealized (loss) gain on investments (94)       (94)
Net loss (31,963)     (31,963)  
Ending Balance at Jun. 30, 2024 $ 302,400 $ 7 $ 794,550 $ (491,901) $ (256)
Ending Balance (in shares) at Jun. 30, 2024 67,672,303 67,672,303