Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Stockholders' Equity (Unaudited)

v3.25.3
Condensed Consolidated Statements of Stockholders' Equity (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 4,673 4,673
Issuance of common stock in connection with restricted share awards, net of cancellations and shares settled for tax withholding settlement $ 17 (534) (517)
Issuance of common stock in connection with restricted share awards, net of cancellations and shares settled for tax withholding settlement, shares 1,693,417        
Reclassification of warrant liability 1,135 1,135
Net income (loss) (54,441) (54,441)
Other comprehensive income (loss) (18) (18)
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        
Balance at Sep. 30, 2024 $ 434 849,388 (803,965) (84) 45,773
Balance, shares at Sep. 30, 2024 43,404,706        
Balance at Jun. 30, 2024 $ 417 846,654 (773,696) (134) 73,241
Balance, shares at Jun. 30, 2024 41,661,993        
Stock-based compensation expense 1,804 1,804
Issuance of common stock in connection with restricted share awards, net of cancellations and shares settled for tax withholding settlement $ 17 (205) (188)
Issuance of common stock in connection with restricted share awards, net of cancellations and shares settled for tax withholding settlement, shares 1,742,713        
Reclassification of warrant liability 1,135 1,135
Net income (loss) (30,269) (30,269)
Other comprehensive income (loss) 50 50
Balance at Sep. 30, 2024 $ 434 849,388 (803,965) (84) 45,773
Balance, shares at Sep. 30, 2024 43,404,706        
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 8,220 8,220
Issuance of common stock in connection with restricted share awards, net of cancellations and shares settled for tax withholding settlement $ 21 (58) (37)
Issuance of common stock in connection with restricted share awards, net of cancellations and shares settled for tax withholding settlement, shares 2,158,479        
Reclassification of warrant liability 4,911 4,911
Net income (loss) 91,643 91,643
Other comprehensive income (loss) 2 2
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        
Issuance of common stock upon exercise of warrants $ 11 5,152 $ 5,163
Issuance of common stock upon exercise of warrants, shares 1,086,956      
Balance at Sep. 30, 2025 $ 524 892,314 (721,615) 10 $ 171,233
Balance, shares at Sep. 30, 2025 52,400,415        
Balance at Jun. 30, 2025 $ 512 879,563 (716,454) (45) 163,576
Balance, shares at Jun. 30, 2025 51,248,032        
Stock-based compensation expense 2,689 2,689
Issuance of common stock in connection with restricted share awards, net of cancellations and shares settled for tax withholding settlement $ 1 (1)
Issuance of common stock in connection with restricted share awards, net of cancellations and shares settled for tax withholding settlement, shares 65,427        
Reclassification of warrant liability 4,911 4,911
Net income (loss) (5,161) (5,161)
Other comprehensive income (loss) 55 55
Issuance of common stock upon exercise of warrants $ 11 5,152 5,163
Issuance of common stock upon exercise of warrants, shares 1,086,956        
Balance at Sep. 30, 2025 $ 524 $ 892,314 $ (721,615) $ 10 $ 171,233
Balance, shares at Sep. 30, 2025 52,400,415