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STOCKHOLDERS' EQUITY
3 Months Ended
Mar. 31, 2023
Equity [Abstract]  
STOCKHOLDERS' EQUITY STOCKHOLDERS’ EQUITY
At-the-Market Offering Agreement
In August 2020, the Company entered into an Open Market Sale Agreement℠ with Jefferies LLC (“Jefferies”) with respect to an at-the-market offering program under which the Company may offer and sell, from time to time at its sole discretion, shares of the Company’s common stock having an aggregate offering price of up to $150.0 million through Jefferies as the Company’s sales agent or principal. In December 2022, the Company entered into Amendment No. 2 to the Open Market Sale Agreement℠ which increased the aggregate offering price under the at-the-market offering program by an additional $175.0 million. The Company is not obligated to sell any shares under the sales agreement. During the three months ended March 31, 2023, the Company sold 3,962,430 shares of its common stock for net proceeds of approximately $9.7 million, of which approximately $0.6 million was received in April 2023 and recorded within prepaid expenses and other current assets on the Company’s Condensed Consolidated Balance Sheet as of March 31, 2023. No shares were sold under the sales agreement during the three months ended March 31, 2022.