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Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2025
Stockholders' Equity  
Schedule of shareholder's equity

    

    

    

    

Accumulated

    

    

Common

Common

Additional

Other

Total

Stock

Stock Par

Paid-In

Comprehensive

Accumulated

Stockholders’

    

Shares

    

Value

    

Capital

    

Income

    

Deficit

    

Equity

(In thousands, except share amounts)

Consolidated balance at December 31, 2024

 

66,374,549

$

66

$

2,298,849

$

3,314

$

(1,555,224)

$

747,005

Shares issued under stock option and employee stock purchase plans

 

9,642

202

202

Stock-based compensation

 

9,316

9,316

Unrealized gain on marketable securities

 

254

254

Net loss

 

(53,796)

(53,796)

Consolidated balance at March 31, 2025

 

66,384,191

$

66

$

2,308,367

$

3,568

$

(1,609,020)

$

702,981

Shares issued under stock option and employee stock purchase plans

10,050

63

63

Stock-based compensation

9,191

9,191

Unrealized loss on marketable securities

(229)

(229)

Net loss

(56,600)

(56,600)

Consolidated balance at June 30, 2025

66,394,241

$

66

$

2,317,621

$

3,339

$

(1,665,620)

$

655,406

Shares issued under stock option and employee stock purchase plans

52,605

774

774

Stock-based compensation

8,801

8,801

Unrealized gain on marketable securities

426

426

Net loss

(67,044)

(67,044)

Consolidated balance at September 30, 2025

66,446,846

$

66

$

2,327,196

$

3,765

$

(1,732,664)

$

598,363

    

    

    

    

Accumulated

    

    

Common

Common

Additional

Other

Total

Stock

Stock Par

Paid-In

Comprehensive

Accumulated 

Stockholders’

Shares

Value

Capital

Income

Deficit

Equity

(In thousands, except share amounts)

Consolidated balance at December 31, 2023

 

55,883,377

$

56

$

1,823,168

$

3,308

$

(1,397,361)

$

429,171

Shares issued under stock option and employee stock purchase plans

 

229,171

3,814

3,814

Shares issued in underwritten offering, net

 

9,798,000

10

432,288

432,298

Stock-based compensation

 

7,202

7,202

Unrealized loss on marketable securities

 

(1,064)

(1,064)

Net loss

 

(32,808)

(32,808)

Consolidated balance at March 31, 2024

 

65,910,548

$

66

$

2,266,472

$

2,244

$

(1,430,169)

$

838,613

Shares issued under stock option and employee stock purchase plans

 

370,119

 

 

3,712

 

 

 

3,712

Stock-based compensation

 

 

 

7,640

 

 

 

7,640

Unrealized loss on marketable securities

 

 

 

 

(464)

 

 

(464)

Net loss

 

 

 

 

 

(35,842)

 

(35,842)

Consolidated balance at June 30, 2024

 

66,280,667

$

66

$

2,277,824

$

1,780

$

(1,466,011)

$

813,659

Shares issued under stock option and employee stock purchase plans

63,569

1,239

1,239

Stock-based compensation

9,620

9,620

Unrealized gain on marketable securities

3,508

3,508

Net loss

(42,121)

(42,121)

Consolidated balance at September 30, 2024

66,344,236

$

66

$

2,288,683

$

5,288

$

(1,508,132)

$

785,905