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v3.26.1

CONDENSED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($) $ in Thousands | Total | Common stock | Additional paid-in capital | Accumulated other comprehensive income (loss) | Accumulated deficit
--- | --- | --- | --- | --- | ---
Beginning balance (in shares) at Nov. 30, 2024 |  | 75,870,718 |  |  |
Beginning balance at Nov. 30, 2024 | $ 526,993 | $ 76 | $ 1,265,536 | $ 150 | $ (738,769)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |
Exercise of stock options (in shares) |  | 37,428 |  |  |
Exercise of stock options | 221 |  | 221 |  |
Vesting of restricted stock units (in shares) |  | 242,923 |  |  |
Issuance of common stock under employee stock purchase plan (in shares) |  | 83,730 |  |  |
Issuance of common stock under employee stock purchase plan | 1,252 |  | 1,252 |  |
Stock-based compensation | 8,726 |  | 8,726 |  |
Unrealized loss on available-for-sale marketable securities | 76 |  |  | 76 |
Net loss | (56,351) |  |  |  | (56,351)
Ending balance (in shares) at Feb. 28, 2025 |  | 76,234,799 |  |  |
Ending balance at Feb. 28, 2025 | 480,917 | $ 76 | 1,275,735 | 226 | (795,120)
Beginning balance (in shares) at Nov. 30, 2024 |  | 75,870,718 |  |  |
Beginning balance at Nov. 30, 2024 | 526,993 | $ 76 | 1,265,536 | 150 | (738,769)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |
Unrealized loss on available-for-sale marketable securities | (170) |  |  |  |
Net loss | (99,815) |  |  |  |
Ending balance (in shares) at May. 31, 2025 |  | 76,433,664 |  |  |
Ending balance at May. 31, 2025 | 447,603 | $ 76 | 1,286,131 | (20) | (838,584)
Beginning balance (in shares) at Feb. 28, 2025 |  | 76,234,799 |  |  |
Beginning balance at Feb. 28, 2025 | 480,917 | $ 76 | 1,275,735 | 226 | (795,120)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |
Exercise of stock options (in shares) |  | 1,233 |  |  |
Exercise of stock options | 6 |  | 6 |  |
Vesting of restricted stock units (in shares) |  | 197,632 |  |  |
Stock-based compensation | 10,390 |  | 10,390 |  |
Unrealized loss on available-for-sale marketable securities | (246) |  |  | (246) |
Net loss | (43,464) |  |  |  | (43,464)
Ending balance (in shares) at May. 31, 2025 |  | 76,433,664 |  |  |
Ending balance at May. 31, 2025 | 447,603 | $ 76 | 1,286,131 | (20) | (838,584)
Beginning balance (in shares) at Nov. 30, 2025 |  | 101,807,484 |  |  |
Beginning balance at Nov. 30, 2025 | 538,747 | $ 102 | 1,541,766 | 105 | (1,003,226)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |
Issuance of common stock in “at the market” financing, net of issuance costs (in shares) |  | 1,000,000 |  |  |
Issuance of common stock in “at the market” financing, net of issuance costs | 17,994 | $ 1 | 17,993 |  |
Exercise of stock options (in shares) |  | 77,942 |  |  |
Exercise of stock options | 375 |  | 375 |  |
Vesting of restricted stock units (in shares) |  | 330,395 |  |  |
Issuance of common stock under employee stock purchase plan (in shares) |  | 183,992 |  |  |
Issuance of common stock under employee stock purchase plan | 1,596 |  | 1,596 |  |
Stock-based compensation | 9,404 |  | 9,404 |  |
Unrealized loss on available-for-sale marketable securities | (49) |  |  | (49) |
Net loss | (87,174) |  |  |  | (87,174)
Ending balance (in shares) at Feb. 28, 2026 |  | 103,399,813 |  |  |
Ending balance at Feb. 28, 2026 | 480,893 | $ 103 | 1,571,134 | 56 | (1,090,400)
Beginning balance (in shares) at Nov. 30, 2025 |  | 101,807,484 |  |  |
Beginning balance at Nov. 30, 2025 | 538,747 | $ 102 | 1,541,766 | 105 | (1,003,226)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |
Unrealized loss on available-for-sale marketable securities | (250) |  |  |  |
Net loss | (176,709) |  |  |  |
Ending balance (in shares) at May. 31, 2026 |  | 103,701,511 |  |  |
Ending balance at May. 31, 2026 | 402,627 | $ 104 | 1,582,603 | (145) | (1,179,935)
Beginning balance (in shares) at Feb. 28, 2026 |  | 103,399,813 |  |  |
Beginning balance at Feb. 28, 2026 | 480,893 | $ 103 | 1,571,134 | 56 | (1,090,400)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |
Exercise of stock options (in shares) |  | 6,688 |  |  |
Exercise of stock options | 66 |  | 66 |  |
Vesting of restricted stock units (in shares) |  | 295,010 |  |  |
Vesting of restricted stock units | 0 | $ 1 | (1) |  |
Stock-based compensation | 11,404 |  | 11,404 |  |
Unrealized loss on available-for-sale marketable securities | (201) |  |  | (201) |
Net loss | (89,535) |  |  |  | (89,535)
Ending balance (in shares) at May. 31, 2026 |  | 103,701,511 |  |  |
Ending balance at May. 31, 2026 | $ 402,627 | $ 104 | $ 1,582,603 | $ (145) | $ (1,179,935)

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