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Consolidated Statements of Stockholders’ Equity - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Beginning balance (in shares) at Dec. 31, 2022   43,564,000    
Beginning balance at Dec. 31, 2022 $ 58,057 $ 4 $ 430,426 $ (372,373)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Stock-based compensation expense 24,846   24,846  
Issuance of shares upon exercise of stock options (in shares)   184,000    
Issuance of shares upon exercise of stock options 2,316   2,316  
Issuance of common stock and pre-funded warrants in private placement, net of issuance costs (in shares)   3,621,000    
Issuance of common stock and pre-funded warrants in private placement, net of issuance costs 199,645 $ 1 199,644  
Net (loss) income $ (241,361)     (241,361)
Ending balance (in shares) at Dec. 31, 2023 47,369,511 47,369,000    
Ending balance at Dec. 31, 2023 $ 43,503 $ 5 657,232 (613,734)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Stock-based compensation expense 58,518   58,518  
Issuance of shares upon exercise of stock options (in shares)   3,449,000    
Issuance of shares upon exercise of stock options 71,678   71,678  
Issuance of shares upon exercise of warrants (in shares)   2,746,000    
Acquisition of Former Parent’s common stock, stock options, and warrants by the Acquirer (in shares)   (53,564,000)    
Acquisition of Former Parent’s common stock, stock options, and warrants by the Acquirer (1,743,729) $ (5) (563,754) (1,179,970)
Issuance of shares in Distribution (in shares)   14,476,000    
Issuance of shares in Distribution 16,042 $ 1 16,041  
Net (loss) income $ 1,687,572     1,687,572
Ending balance (in shares) at Dec. 31, 2024 14,475,904 14,476,000    
Ending balance at Dec. 31, 2024 $ 133,584 $ 1 $ 239,715 $ (106,132)