Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Unaudited)

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CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Dec. 31, 2022 $ 1 $ 677,386 $ (167) $ (470,038) $ 207,182
Balance, at beginning (in shares) at Dec. 31, 2022 631,704        
Repurchase of common stock under share repurchase program, including transactional expenses of $334 (3) (13,962) (13,965)
Repurchase of common stock under share repurchase program, including transactional expenses of $334 (in shares) (83,502)        
Issuance of common stock under 2022 Purchase agreement with Lincoln Park 441 441
Issuance of common stock under 2022 Purchase agreement with Lincoln Park (in shares) 3,000        
Issuance of common stock net of transactional expenses 1,995 1,995
Issuance of common stock, net of transactional expenses (shares) 16,089        
Employee stock purchase plan 29 29
Employee stock purchase plan (in shares) 469        
Stock-based compensation 2,794 2,794
Foreign currency transaction loss (44) (44)
Net loss (33,005) (33,005)
Ending balance, value at Mar. 31, 2023 $ 1 682,642 (211) (517,005) 165,427
Balance, at ending (in shares) at Mar. 31, 2023 567,760        
Beginning balance, value at Dec. 31, 2022 $ 1 677,386 (167) (470,038) 207,182
Balance, at beginning (in shares) at Dec. 31, 2022 631,704        
Foreign currency transaction loss         (53)
Net loss         (89,336)
Ending balance, value at Sep. 30, 2023 $ 1 694,388 (220) (573,336) 120,833
Balance, at ending (in shares) at Sep. 30, 2023 800,278        
Beginning balance, value at Mar. 31, 2023 $ 1 682,642 (211) (517,005) 165,427
Balance, at beginning (in shares) at Mar. 31, 2023 567,760        
Issuance of common stock net of transactional expenses 1,029 1,029
Issuance of common stock, net of transactional expenses (shares) 13,766        
Stock-based compensation 2,364 2,364
Foreign currency transaction loss (1) (1)
Net loss (28,356) (28,356)
Ending balance, value at Jun. 30, 2023 $ 1 686,035 (212) (545,361) 140,463
Balance, at ending (in shares) at Jun. 30, 2023 581,526        
Issuance of common stock net of transactional expenses         6,274
Issuance of common stock under AGP Financing, net of transactional expenses of $726 6,274 6,274
Issuance of common stock under AGP Financing, net of transactional expenses of $726 (in shares) 79,063        
Issuance of common stock upon exercise of prefunded warrants under AGP Financing
Issuance of common stock upon exercise of prefunded common warrants (in shares) 139,689        
Stock-based compensation 2,079 2,079
Foreign currency transaction loss (8) (8)
Net loss (27,975) (27,975)
Ending balance, value at Sep. 30, 2023 $ 1 694,388 (220) (573,336) 120,833
Balance, at ending (in shares) at Sep. 30, 2023 800,278        
Beginning balance, value at Dec. 31, 2023 $ 2 706,413 (232) (600,658) 105,525
Balance, at beginning (in shares) at Dec. 31, 2023 2,077,088        
 Issuance of common stock upon exercise of prefunded common warrants $ 1 (1)
Issuance of common stock upon exercise of prefunded common warrants (in shares) 470,102        
Fair value of warrants reclassified from liabilities to equity 15,850 15,850
Employee stock purchase plan 23 23
Employee stock purchase plan (in shares) 2,074        
Stock-based compensation 1,692 1,692
Foreign currency transaction loss (8) (8)
Net loss (14,939) (14,939)
Ending balance, value at Mar. 31, 2024 $ 3 723,977 (240) (615,597) 108,143
Balance, at ending (in shares) at Mar. 31, 2024 2,549,264        
Beginning balance, value at Dec. 31, 2023 $ 2 706,413 (232) (600,658) 105,525
Balance, at beginning (in shares) at Dec. 31, 2023 2,077,088        
Foreign currency transaction loss         (18)
Net loss         (107,928)
Ending balance, value at Sep. 30, 2024 $ 156 782,891 (250) (708,586) 74,211
Balance, at ending (in shares) at Sep. 30, 2024 155,631,049        
Beginning balance, value at Mar. 31, 2024 $ 3 723,977 (240) (615,597) 108,143
Balance, at beginning (in shares) at Mar. 31, 2024 2,549,264        
Issuance of common stock net of transactional expenses $ 4 10,726 10,730
Issuance of common stock, net of transactional expenses (shares) 4,369,807        
 Issuance of common stock upon exercise of prefunded common warrants $ 3 (3)
Issuance of common stock upon exercise of prefunded common warrants (in shares) 2,913,516        
Fair value of warrants reclassified from equity to liabilities (9,977) (9,977)
Fair value of warrants reclassified from liabilities to equity 10,832 10,832
Stock-based compensation 1,154 1,154
Foreign currency transaction loss (3) (3)
Net loss (78,776) (78,776)
Ending balance, value at Jun. 30, 2024 $ 10 736,709 (243) (694,373) 42,103
Balance, at ending (in shares) at Jun. 30, 2024 9,832,587        
Issuance of common stock net of transactional expenses $ 3 3,481 3,484
Issuance of common stock, net of transactional expenses (shares) 3,393,600        
 Issuance of common stock upon exercise of prefunded common warrants $ 8 (8)
Issuance of common stock upon exercise of prefunded common warrants (in shares) 7,931,298        
Issuance of common stock under the At-the-Market agreement, net of transactional expenses of $1,681 $ 135 41,667 41,802
Issuance of common stock under the At-the-Market agreement, net of transactional expenses of $1,681 (in shares) 134,466,637        
Employee stock purchase plan 4 4
Employee stock purchase plan (in shares) 6,927        
Stock-based compensation 1,038 1,038
Foreign currency transaction loss (7) (7)
Net loss (14,213) (14,213)
Ending balance, value at Sep. 30, 2024 $ 156 $ 782,891 $ (250) $ (708,586) $ 74,211
Balance, at ending (in shares) at Sep. 30, 2024 155,631,049