Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited)

v3.25.0.1
Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive (Loss) Income
Accumulated Deficit
Beginning balance at Dec. 31, 2022 $ 91,131 $ 2 [1] $ 455,765 $ (6,908) $ (357,728)
Beginning balance, shares at Dec. 31, 2022 [1]   19,467,183      
Release of Restricted Stock Units, Share [1]   434,309      
Issuance of common stock under Employee Stock Purchase Plan, Shares [1]   83,727      
Issuance of common stock under Employee Stock Purchase Plan, Value 422   422    
Stock compensation expense 5,986   5,986    
Issuance of common stock under the Equity Distribution Agreement, net, Shares [1]   2,166,389      
Issuance of common stock under the Equity Distribution Agreement, net, Value 7,866   7,866    
Conversion of warrants to common stock 286   286    
Conversion of warrants to common stock, shares [1]   34,728      
Net Income (Loss) (37,027)       (37,027)
Foreign currency translation adjustments 2,743     2,743  
Net unrealized gain on investments (net of tax) 37     37  
Ending balance at Jun. 30, 2023 71,444 $ 2 [1] 470,325 (4,128) (394,755)
Ending balance, shares at Jun. 30, 2023 [1]   22,186,336      
Beginning balance at Mar. 31, 2023 73,838 $ 2 [1] 458,697 (8,478) (376,383)
Beginning balance, shares at Mar. 31, 2023 [1]   19,763,064      
Release of Restricted Stock Units, Share [1]   173,156      
Issuance of common stock under Employee Stock Purchase Plan, Shares [1]   83,727      
Issuance of common stock under Employee Stock Purchase Plan, Value 422   422    
Stock compensation expense 3,340   3,340    
Issuance of common stock under the Equity Distribution Agreement, net, Shares [1]   2,166,389      
Issuance of common stock under the Equity Distribution Agreement, net, Value 7,866   7,866    
Net Income (Loss) (18,372)       (18,372)
Foreign currency translation adjustments 4,357     4,357  
Net unrealized gain on investments (net of tax) (7)     (7)  
Ending balance at Jun. 30, 2023 71,444 $ 2 [1] 470,325 (4,128) (394,755)
Ending balance, shares at Jun. 30, 2023 [1]   22,186,336      
Beginning balance at Dec. 31, 2023 37,784 $ 2 477,624 (4,556) (435,286)
Beginning balance, shares at Dec. 31, 2023   22,604,676      
Release of Restricted Stock Units, Share   584,746      
Issuance of common stock under Employee Stock Purchase Plan, Shares   79,903      
Issuance of common stock under Employee Stock Purchase Plan, Value 370   370    
Exercise of stock options $ 269   269    
Exercise of stock options, shares 37,758 37,758      
Stock compensation expense $ 8,423   8,423    
Issuance of common stock under Securites Purchase Agreements Shares   2,976,191      
Issuance of common stock under Securites Purchase Agreements Value 37,882 $ 1 37,881    
Net Income (Loss) (42,103)       (42,103)
Foreign currency translation adjustments (2,289)     (2,289)  
Net unrealized gain on investments (net of tax) (2)     (2)  
Ending balance at Jun. 30, 2024 40,334 $ 3 524,567 (6,847) (477,389)
Ending balance, shares at Jun. 30, 2024   26,283,274      
Beginning balance at Mar. 31, 2024 52,455 $ 3 519,400 (6,118) (460,830)
Beginning balance, shares at Mar. 31, 2024   25,822,914      
Release of Restricted Stock Units, Share   380,235      
Issuance of common stock under Employee Stock Purchase Plan, Shares   79,903      
Issuance of common stock under Employee Stock Purchase Plan, Value 370   370    
Exercise of stock options 2   2    
Exercise of stock options, shares   222      
Stock compensation expense 4,795   4,795    
Net Income (Loss) (16,559)       (16,559)
Foreign currency translation adjustments (729)     (729)  
Net unrealized gain on investments (net of tax) 0        
Ending balance at Jun. 30, 2024 $ 40,334 $ 3 $ 524,567 $ (6,847) $ (477,389)
Ending balance, shares at Jun. 30, 2024   26,283,274      
[1] The shares of the Company's common stock have been retroactively adjusted to reflect the 1-for-8 reverse stock split (Note 1).