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Stockholders' Equity (Deficit)
 3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Stockholders' Equity (Deficit)

7. Stockholders’ Equity (Deficit)

2024 Stock Repurchase Program

On February 6, 2024, the Board of Directors authorized the repurchase of up to $50.0 million of shares of the Company’s common stock through March 1, 2026. The program expired on March 1, 2026, and no shares were repurchased during the three months ended March 31, 2026. Over the life of the program, the Company repurchased 15,448,533 shares for an aggregate of $40.5 million.

Common Shares Reserved

As of March 31, 2026, the Company had reserved shares of common stock for future issuance under equity compensation plans as follows (in thousands):

 

 

 

Securities To Be Issued Upon Exercise Of Options

 

 

Securities To Be Issued Upon Release Of Restricted Stock

 

 

Number Of Remaining Securities Available For Future Issuance

 

2022 Inducement Equity Incentive Plan

 

 

6,795

 

 

 

435

 

 

 

969

 

2011 Equity Incentive Plan

 

 

14,855

 

 

 

19,777

 

 

 

14,688

 

2017 Inducement Award Plan

 

 

—

 

 

 

—

 

 

 

61

 

2017 Employee Stock Purchase Plan

 

 

—

 

 

 

—

 

 

 

465

 

Plans assumed in business combinations

 

 

14,758

 

 

 

26

 

 

 

—

 

Total common stock reserved for future issuance

 

 

36,408

 

 

 

20,238

 

 

 

16,183