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Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common stock
Additional Paid-in Capital
Accumulated Other Comprehensive Loss
Retained Earnings
Beginning balance at Dec. 31, 2022 $ 663,332 $ 36 $ 435,665 $ (9,644) $ 237,275
Beginning balance (in shares) at Dec. 31, 2022   35,611,219      
Stock-based compensation 5,807   5,807    
Common stock issued upon exercises of options 578   578    
Common stock issued upon exercises of options (in shares)   149,408      
Currency translation adjustment (2,006)     (2,006)  
Unrealized gain (loss) on available-for-sale securities 102     102  
Net income (loss) (15,551)       (15,551)
Ending balance at Mar. 31, 2023 652,262 $ 36 442,050 (11,548) 221,724
Ending balance (in shares) at Mar. 31, 2023   35,760,627      
Beginning balance at Dec. 31, 2022 663,332 $ 36 435,665 (9,644) 237,275
Beginning balance (in shares) at Dec. 31, 2022   35,611,219      
Net income (loss) (49,851)        
Ending balance at Jun. 30, 2023 623,526 $ 36 449,232 (13,166) 187,424
Ending balance (in shares) at Jun. 30, 2023   35,781,919      
Beginning balance at Mar. 31, 2023 652,262 $ 36 442,050 (11,548) 221,724
Beginning balance (in shares) at Mar. 31, 2023   35,760,627      
Stock-based compensation 6,964   6,964    
Common stock issued upon exercises of options 218   218    
Common stock issued upon exercises of options (in shares)   21,292      
Currency translation adjustment 104     104  
Unrealized gain (loss) on available-for-sale securities (1,722)     (1,722)  
Net income (loss) (34,300)       (34,300)
Ending balance at Jun. 30, 2023 623,526 $ 36 449,232 (13,166) 187,424
Ending balance (in shares) at Jun. 30, 2023   35,781,919      
Beginning balance at Dec. 31, 2023 575,228 $ 36 463,799 (13,240) 124,633
Beginning balance (in shares) at Dec. 31, 2023   35,838,080      
Stock-based compensation 7,263   7,263    
Common stock issued upon exercises of options 22   22    
Common stock issued upon exercises of options (in shares)   5,676      
Currency translation adjustment (2,265)     (2,265)  
Unrealized gain (loss) on available-for-sale securities (832)     (832)  
Net income (loss) (38,216)       (38,216)
Ending balance at Mar. 31, 2024 541,200 $ 36 471,084 (16,337) 86,417
Ending balance (in shares) at Mar. 31, 2024   35,843,756      
Beginning balance at Dec. 31, 2023 $ 575,228 $ 36 463,799 (13,240) 124,633
Beginning balance (in shares) at Dec. 31, 2023   35,838,080      
Common stock issued upon exercises of options (in shares) 405,559        
Net income (loss) $ (45,344)        
Ending balance at Jun. 30, 2024 663,868 $ 37 601,102 (16,560) 79,289
Ending balance (in shares) at Jun. 30, 2024   36,519,945      
Beginning balance at Mar. 31, 2024 541,200 $ 36 471,084 (16,337) 86,417
Beginning balance (in shares) at Mar. 31, 2024   35,843,756      
Stock-based compensation 8,062   8,062    
Common stock issued upon exercises of options, ESPP purchases, and restricted stock unit releases (in shares)   433,332      
Common stock issued upon exercises of options, ESPP purchases, and release of restricted stock units 2,383   2,383    
Issuance of common stock and pre-funded warrants, net of offering costs (in shares)   1,142,857      
Issuance of common stock and pre-funded warrants, net of offering costs 119,574 $ 1 119,573    
Exchange of common stock for pre-funded warrants (in shares)   (900,000)      
Currency translation adjustment (151)     (151)  
Unrealized gain (loss) on available-for-sale securities (72)     (72)  
Net income (loss) (7,128)       (7,128)
Ending balance at Jun. 30, 2024 $ 663,868 $ 37 $ 601,102 $ (16,560) $ 79,289
Ending balance (in shares) at Jun. 30, 2024   36,519,945