Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Stockholders' Equity (Deficit) (Unaudited)

v3.25.2
Condensed Consolidated Statements of Stockholders' Equity (Deficit) (Unaudited) - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance at Dec. 31, 2023 $ 265 $ 764,151 $ (749,524) $ (66) $ 14,826
Balance, shares at Dec. 31, 2023 26,523,878        
Stock-based compensation expense 2,869 2,869
Issuance of common stock in connection with restricted share awards, net of cancellations and shares settled for tax withholding settlement (329) (329)
Issuance of common stock in connection with restricted share awards, net of cancellations and shares settled for tax withholding settlement, shares (49,296)        
Issuance of common stock, net of offering costs under open market sale agreement (ATM) $ 19 9,943 9,962
Issuance of common stock, net of offering costs under open market sale agreement (ATM), shares 1,902,376        
Issuance of common stock in connection with underwritten offering, net of offering costs $ 123 70,030 70,153
Issuance of common stock in connection with underwritten offering, net of offering costs, shares 12,285,056        
Issuance of common stock upon exercise of pre-funded warrants, net of shares settled $ 10 (10)
Issuance of common stock upon exercise of pre-funded warrants, net of shares settled, shares 999,979        
Net income (loss) (24,172) (24,172)
Other comprehensive income (loss) (68) (68)
Balance at Jun. 30, 2024 $ 417 846,654 (773,696) (134) 73,241
Balance, shares at Jun. 30, 2024 41,661,993        
Balance at Mar. 31, 2024 $ 276 772,129 (781,102) (184) (8,881)
Balance, shares at Mar. 31, 2024 27,550,693        
Stock-based compensation expense 1,323 1,323
Issuance of common stock in connection with restricted share awards, net of cancellations and shares settled for tax withholding settlement $ (2) (313) (315)
Issuance of common stock in connection with restricted share awards, net of cancellations and shares settled for tax withholding settlement, shares (186,796)        
Issuance of common stock, net of offering costs under open market sale agreement (ATM) $ 10 3,495 3,505
Issuance of common stock, net of offering costs under open market sale agreement (ATM), shares 1,013,061        
Issuance of common stock in connection with underwritten offering, net of offering costs $ 123 70,030 70,153
Issuance of common stock in connection with underwritten offering, net of offering costs, shares 12,285,056        
Issuance of common stock upon exercise of pre-funded warrants, net of shares settled $ 10 (10)
Issuance of common stock upon exercise of pre-funded warrants, net of shares settled, shares 999,979        
Net income (loss) 7,406 7,406
Other comprehensive income (loss) 50 50
Balance at Jun. 30, 2024 $ 417 846,654 (773,696) (134) 73,241
Balance, shares at Jun. 30, 2024 41,661,993        
Balance at Dec. 31, 2024 $ 457 856,824 (813,258) 8 44,031
Balance, shares at Dec. 31, 2024 45,644,091        
Stock-based compensation expense 5,531 5,531
Issuance of common stock in connection with restricted share awards, net of cancellations and shares settled for tax withholding settlement $ 20 (57) (37)
Issuance of common stock in connection with restricted share awards, net of cancellations and shares settled for tax withholding settlement, shares 2,093,052        
Issuance of common stock, net of offering costs under open market sale agreement (ATM) $ 35 17,265 17,300
Issuance of common stock, net of offering costs under open market sale agreement (ATM), shares 3,510,889        
Net income (loss) 96,804 96,804
Other comprehensive income (loss) (53) (53)
Balance at Jun. 30, 2025 $ 512 879,563 (716,454) (45) 163,576
Balance, shares at Jun. 30, 2025 51,248,032        
Balance at Mar. 31, 2025 $ 490 866,260 (825,287) (67) 41,396
Balance, shares at Mar. 31, 2025 48,953,171        
Stock-based compensation expense 2,830 2,830
Issuance of common stock in connection with restricted share awards, net of cancellations and shares settled for tax withholding settlement (6) (6)
Issuance of common stock in connection with restricted share awards, net of cancellations and shares settled for tax withholding settlement, shares 96,255        
Issuance of common stock, net of offering costs under open market sale agreement (ATM) $ 22 10,479 10,501
Issuance of common stock, net of offering costs under open market sale agreement (ATM), shares 2,198,606        
Net income (loss) 108,833 108,833
Other comprehensive income (loss) 22 22
Balance at Jun. 30, 2025 $ 512 $ 879,563 $ (716,454) $ (45) $ 163,576
Balance, shares at Jun. 30, 2025 51,248,032