XML 62 R52.htm IDEA: XBRL DOCUMENT v3.24.2
STOCKHOLDERS' EQUITY (DEFICIT) AND COMPENSATION ARRANGEMENTS - Narrative (Details)
$ / shares in Units, $ in Millions
1 Months Ended 6 Months Ended 12 Months Ended
Jan. 22, 2024
USD ($)
$ / shares
shares
Mar. 30, 2023
$ / shares
shares
Jun. 30, 2024
USD ($)
$ / shares
shares
May 31, 2024
hurdle
$ / shares
Feb. 29, 2024
USD ($)
Jun. 30, 2024
USD ($)
$ / shares
shares
Dec. 31, 2023
$ / shares
shares
Nov. 20, 2023
USD ($)
Aug. 31, 2011
shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Total fair value of shares vested | $           $ 0.8      
Number of stock price hurdles | hurdle       4          
Common stock, par value (in usd per share) | $ / shares     $ 0.0001     $ 0.0001 $ 0.0001    
Rights Offering                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Sale of stock, authorized amount | $               $ 80.0  
Common stock subscription price (in usd per share) | $ / shares $ 11.30                
Rights offering amount | $ $ 80.0       $ 80.0        
Common stock, par value (in usd per share) | $ / shares $ 0.0001                
Shares issued in transaction (in shares) 7,079,646                
Rights Offering | Backstop Party                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Shares issued in transaction (in shares) 3,100,000                
Common stock, subscriptions amount (in shares) 7,100,000                
Rights Offering | Other Stockholders                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Common stock, subscriptions amount (in shares) 9,700,000                
Rights Offering, Basic Subscription Rights                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Shares issued in transaction (in shares) 4,574,113                
Rights Offering, Over-subscription Privileges                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Shares issued in transaction (in shares) 2,505,533                
RSUs                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Unrecognized compensation costs | $     $ 7.3     $ 7.3      
Weighted-average period of recognition           1 year 6 months      
Vesting of PSUs (in shares)           510,166      
Stock options                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Vesting period   2 years              
Stock option units issued (in shares)   3,500,000              
Stock option units per share value (in usd per share) | $ / shares   $ 0.95              
Stock option units strike price (in usd per share) | $ / shares   $ 6.00              
Expiration period   3 years              
Risk-free interest rate           4.10%      
Dividend yield           0.00%      
Performance Shares Units                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Unrecognized compensation costs | $     $ 43.2     $ 43.2      
Weighted-average period of recognition           2 years 3 months 21 days      
Vesting of PSUs (in shares)           422,368 422,368    
2024 Executive PSUs                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Vesting of PSUs (in shares)           0      
Period after the award date       9 months          
Number of stock price hurdles | hurdle       4          
Risk-free interest rate       4.46%          
Dividend yield       0.00%          
Expected volatility rate       95.73%          
2024 Executive PSUs | Share-Based Payment Arrangement, Tranche One                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Vesting rights, percentage       33.00%          
2024 Executive PSUs | Share-Based Payment Arrangement, Tranche Two                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Vesting rights, percentage       33.00%          
2024 Executive PSUs | Share-Based Payment Arrangement, Tranche Three                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Vesting rights, percentage       34.00%          
2024 Executive PSUs | Stock Price, Hurdle One                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Stock hurdle price (in usd per share) | $ / shares       $ 14.86          
2024 Executive PSUs | Stock Price, Hurdle Two                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Stock hurdle price (in usd per share) | $ / shares       20.14          
2024 Executive PSUs | Stock Price, Hurdle Three                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Stock hurdle price (in usd per share) | $ / shares       31.01          
2024 Executive PSUs | Stock Price, Hurdle Four                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Stock hurdle price (in usd per share) | $ / shares       $ 68.82          
2011 Plan                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Share-based payment award, shares authorized (in shares)     20,775,000     20,775,000     13,775,000
Additional maximum shares issuable (in shares)     7,000,000            
Number of shares available for issuance (in shares)     6,039,229     6,039,229      
2011 Plan | Stock options                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Unrecognized compensation costs | $     $ 1.2     $ 1.2      
Weighted-average period of recognition           9 months      
2011 Plan | Minimum | RSUs                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Vesting period           1 year      
2011 Plan | Maximum | RSUs                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Vesting period           4 years