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COMMON STOCK
 9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
COMMON STOCK

12. COMMON STOCK

 

In March 2024, the Company entered into a $150 million ATM equity offering agreement with Deutsche Bank Securities, Inc., Mizuho Securities USA LLC, and Craig-Hallum Capital Group LLC (collectively, the “Agents”). Under the agreement, the Company is able, with discretion, to offer and sell shares of common stock having an aggregate value of up to $150.0 million through or directly to the Agents. As of September 30, 2025, the sale of 77.6 million shares for net proceeds of $99.9 million had been completed. As of September 30, 2025, approximately $46.2 million was available under this sales agreement.