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CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Beginning balance at Dec. 31, 2023 $ 379,913   $ 503,354 $ (123,770) $ 329
Beginning balance (in shares) at Dec. 31, 2023   48,338,769      
MEMBERS' DEFICIT          
Common stock issued, net of issuance costs 449,955 $ 1 449,954    
Common stock issued, net of issuance costs (in shares)   7,790,321      
Vesting of restricted common stock (in shares)   237,665      
Issuance of common stock upon exercise of stock options 24   24    
Issuance of common stock upon exercise of stock options (in shares)   1,047      
Equity-based compensation expense 4,186   4,186    
Unrealized gain (loss) on marketable securities, net of tax (506)       (506)
Net loss (32,094)     (32,094)  
Ending balance at Mar. 31, 2024 801,478 $ 1 957,518 (155,864) (177)
Ending balance (in shares) at Mar. 31, 2024   56,367,802      
Beginning balance at Dec. 31, 2024 716,794 $ 1 1,021,794 (305,916) 915
Beginning balance (in shares) at Dec. 31, 2024   58,062,898      
MEMBERS' DEFICIT          
Vesting of restricted common stock (in shares)   213,104      
Issuance of common stock upon exercise of stock options $ 622   622    
Issuance of common stock upon exercise of stock options (in shares) 28,799 28,799      
Equity-based compensation expense $ 11,126   11,126    
Unrealized gain (loss) on marketable securities, net of tax 159       159
Net loss (55,339)     (55,339)  
Ending balance at Mar. 31, 2025 $ 673,362 $ 1 $ 1,033,542 $ (361,255) $ 1,074
Ending balance (in shares) at Mar. 31, 2025   58,304,801