Common Stock

9 Months Ended

Sep. 30, 2022

Stockholders' Equity Note [Abstract]

Common Stock

NOTE 12. COMMON STOCK

The Company issued common stock for total net proceeds of $32.2 million and $93.0 million during the three and nine months ended September 30, 2022, respectively. Most of these issuances came through the Company's sales agency agreements under which the sales agents may offer and sell new shares of common stock from time to time. Under these sales agency agreements, the Company issued 0.8 million shares and 2.1 million shares during the three and nine months ended September 30, 2022, respectively.

In April 2022, the Company completed the board and regulatory approval processes to issue an additional 4.8 million shares.