XML 20 R14.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Equity Financings
3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Equity Financings

(7) Equity Financings

At the Market Equity Financing

In 2020, the Company entered into a Capital on Demand TM Sales Agreement (the Sales Agreement) with JonesTrading Institutional Services LLC, as agent (JonesTrading), pursuant to which the Company may offer and sell, from time to time through JonesTrading, shares of the Company’s common stock, par value $0.001 per share (the Common Stock).

In 2021, the Company amended the 2020 Sales Agreement and the amount available for the offering under its prospectus to the Company’s registration statement on Form S-3 (No. 333-254585), which expired in March 2024. In April 2024, the Company terminated the Sales Agreement in accordance with its terms.

No sales were made under the Sales Agreement in 2024 or 2023.

Merger Agreement

See "Financing Transaction" discussion in Note 10 below.