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Consolidated Statements of Stockholders' Equity (Deficit) - USD ($) $ in Thousands | Total | Common Stock | Additional Pain In Capital | Accumulated Deficit | Accumulated Other Comprehensive Income (Loss)
--- | --- | --- | --- | --- | ---
Balance at Dec. 31, 2023 | $ 170,175 | $ 4 | $ 550,943 | $ (380,772) |
Balance, shares at Dec. 31, 2023 |  | 43,270,386 |  |  |
Issuance of common stock upon exercise of stock options | 189 |  | 189 |  |
Issuance of common stock upon exercise of stock options, shares |  | 88,283 |  |  |
Issuance of common stock upon vesting of restricted stock, shares |  | 148,980 |  |  |
Shares withheld for taxes | (141) |  | (141) |  |
Shares withheld for taxes, shares |  | (67,813) |  |  |
Issuance of common stock pursuant to at-the-market offering, net of issuance costs of $0.6 million, Amount | 19,266 | $ 1 | 19,265 |  |
Issuance of common stock pursuant to at-the-market offering, net of issuance costs of $0.6 million, Share |  | 6,350,000 |  |  |
Issuance of common stock and pre-funded warrants pursuant to underwritten public offering, net of issuance costs of $6.3 million, Amount | 91,652 | $ 3 | 91,649 |  |
Issuance of common stock and pre-funded warrants pursuant to underwritten public offering, net of issuance costs of $6.3 million, Share |  | 32,379,667 |  |  |
Stock-based compensation expense | 5,679 |  | 5,679 |  |
Net Income (Loss) | (28,016) |  |  | (28,016) |
Balance at Mar. 31, 2024 | 258,804 | $ 8 | 667,584 | (408,788) |
Balance, shares at Mar. 31, 2024 |  | 82,169,503 |  |  |
Balance at Dec. 31, 2023 | 170,175 | $ 4 | 550,943 | (380,772) |
Balance, shares at Dec. 31, 2023 |  | 43,270,386 |  |  |
Net Income (Loss) | (57,917) |  |  |  |
Balance at Jun. 30, 2024 | 235,111 | $ 8 | 673,792 | (438,689) |
Balance, shares at Jun. 30, 2024 |  | 82,400,960 |  |  |
Balance at Mar. 31, 2024 | 258,804 | $ 8 | 667,584 | (408,788) |
Balance, shares at Mar. 31, 2024 |  | 82,169,503 |  |  |
Issuance of common stock upon exercise of stock options | 6 |  | 6 |  |
Issuance of common stock upon exercise of stock options, shares |  | 4,000 |  |  |
Issuance of common stock upon vesting of restricted stock, shares |  | 35,400 |  |  |
Purchase of common stock under Employee Stock Purchase Plan | 198 |  | 198 |  |
Purchase of common stock under Employee Stock Purchase Plan Shares |  | 192,057 |  |  |
Stock-based compensation expense | 6,004 |  | 6,004 |  |
Net Income (Loss) | (29,901) |  |  | (29,901) |
Balance at Jun. 30, 2024 | 235,111 | $ 8 | 673,792 | (438,689) |
Balance, shares at Jun. 30, 2024 |  | 82,400,960 |  |  |
Balance at Dec. 31, 2024 | 186,609 | $ 8 | 684,479 | (497,894) | $ 16
Balance, shares at Dec. 31, 2024 |  | 82,569,168 |  |  |
Issuance of common stock upon vesting of restricted stock, shares |  | 256,913 |  |  |
Shares withheld for taxes | (104) |  | (104) |  |
Shares withheld for taxes, shares |  | (116,456) |  |  |
Other comprehensive income | (25) |  |  |  | (25)
Stock-based compensation expense | 3,180 |  | 3,180 |  |
Net Income (Loss) | (28,214) |  |  | (28,214) |
Balance at Mar. 31, 2025 | 161,446 | $ 8 | 687,555 | (526,108) | (9)
Balance, shares at Mar. 31, 2025 |  | 82,709,625 |  |  |
Balance at Dec. 31, 2024 | $ 186,609 | $ 8 | 684,479 | (497,894) | 16
Balance, shares at Dec. 31, 2024 |  | 82,569,168 |  |  |
Issuance of common stock upon exercise of stock options, shares | 0 |  |  |  |
Net Income (Loss) | $ (59,431) |  |  |  |
Balance at Jun. 30, 2025 | 133,372 | $ 8 | 690,730 | (557,325) | (41)
Balance, shares at Jun. 30, 2025 |  | 83,252,520 |  |  |
Balance at Mar. 31, 2025 | 161,446 | $ 8 | 687,555 | (526,108) | (9)
Balance, shares at Mar. 31, 2025 |  | 82,709,625 |  |  |
Issuance of common stock upon vesting of restricted stock, shares |  | 29,500 |  |  |
Purchase of common stock under Employee Stock Purchase Plan | 267 |  | 267 |  |
Purchase of common stock under Employee Stock Purchase Plan Shares |  | 513,395 |  |  |
Other comprehensive income | (32) |  |  |  | (32)
Stock-based compensation expense | 2,908 |  | 2,908 |  |
Net Income (Loss) | (31,217) |  |  | (31,217) |
Balance at Jun. 30, 2025 | $ 133,372 | $ 8 | $ 690,730 | $ (557,325) | $ (41)
Balance, shares at Jun. 30, 2025 |  | 83,252,520 |  |  |

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