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Stockholders’ Equity | 3 Months Ended
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Mar. 31, 2026
Equity [Abstract] |
Stockholders’ Equity | 7. Stockholders’ Equity Common Stock Total common stock authorized to be issued as of March 31, 2026, was 1,000,000,000 shares, with a par value of $0.0001 per share. As of March 31, 2026 and December 31, 2025, there were 20,193,466 and 20,188,160 shares of our common stock outstanding, respectively. On June 4, 2024, we entered into an Equity Distribution Agreement with Canaccord Genuity LLC (“Canaccord”), as representative of certain agents, pursuant to which we could offer and sell, from time to time, shares of our common stock, par value $0.0001 per share, for aggregate gross proceeds of up to $120 million, through the agents. Additionally, on November 1, 2024, we entered into an Amended and Restated Equity Distribution Agreement with Canaccord, as representative of certain agents, pursuant to which we increased the aggregate amount of shares of our common stock that we could sell under our at-the-market facility to an aggregate offering price of approximately $171.5 million. On February 9, 2025, the registration statement which registered the shares issuable under the Amended and Restated Equity Distribution Agreement expired and the agreement with Canaccord terminated. During the three months ended March 31, 2025, we sold an aggregate of 14,210, shares of our common stock under our Equity Distribution Agreement with Canaccord for aggregate gross cash proceeds of $0.1 million.

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