XML 18 R6.htm IDEA: XBRL DOCUMENT v3.23.3
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Series A Convertible Preferred Stock
Preferred Stock
Common Stock
Additional Paid-in Capital
Treasury Stock
Accumulated Other Comprehensive Income
Accumulated Deficit
Total
Balance Beginning at Dec. 31, 2021 $ 4,302 $ 37 $ 459,852     $ (410,705) $ 53,486
Balance Beginning (in shares) at Dec. 31, 2021 4,575 36,790,254   7,307      
Increase (Decrease) in Stockholders' Equity (Deficit)              
Stock-based compensation expense     3,378       3,378
Exercise of stock options     1,733       1,733
Exercise of stock options (in shares)   225,165          
Issuance of stock related to IP license agreement with Ovid     1,169       1,169
Issuance of stock related to IP license agreement with Ovid (in shares)   123,255          
Net (loss) income           (19,361) (19,361)
Balance Ending at Mar. 31, 2022 $ 4,302 $ 37 466,132     (430,066) 40,405
Balance Ending (in shares) at Mar. 31, 2022 4,575 37,138,674   7,307      
Balance Beginning at Dec. 31, 2021 $ 4,302 $ 37 459,852     (410,705) $ 53,486
Balance Beginning (in shares) at Dec. 31, 2021 4,575 36,790,254   7,307      
Increase (Decrease) in Stockholders' Equity (Deficit)              
Issuance of common stock in connection with at-the-market facility offering (average price of $7.17 per share), net of expenses of $529 (in shares)             0
Net (loss) income             $ 14,496
Balance Ending at Sep. 30, 2022 $ 4,043 $ 37 474,133     (396,209) 82,004
Balance Ending (in shares) at Sep. 30, 2022 4,300 37,196,644   7,307      
Balance Beginning at Mar. 31, 2022 $ 4,302 $ 37 466,132     (430,066) 40,405
Balance Beginning (in shares) at Mar. 31, 2022 4,575 37,138,674   7,307      
Increase (Decrease) in Stockholders' Equity (Deficit)              
Stock-based compensation expense     3,817       3,817
Net issuance of common stock in connection with the vesting of restricted stock (in shares)   2,508          
Exercise of stock options     14       14
Exercise of stock options (in shares)   2,968          
Conversion of convertible preferred stock into common $ (259)   259        
Conversion of convertible preferred stock into common stock (in shares) (275) 55,000          
Net (loss) income           (39,433) (39,433)
Balance Ending at Jun. 30, 2022 $ 4,043 $ 37 470,222     (469,499) 4,803
Balance Ending (in shares) at Jun. 30, 2022 4,300 37,199,150   7,307      
Increase (Decrease) in Stockholders' Equity (Deficit)              
Stock-based compensation expense     3,895       3,895
Exercise of stock options     16       16
Exercise of stock options (in shares)   3,304          
Net settlement of restricted shares (in shares)   (5,810)          
Net (loss) income           73,290 73,290
Balance Ending at Sep. 30, 2022 $ 4,043 $ 37 474,133     (396,209) 82,004
Balance Ending (in shares) at Sep. 30, 2022 4,300 37,196,644   7,307      
Balance Beginning at Dec. 31, 2022 $ 4,043 $ 50 542,428     (430,521) 116,000
Balance Beginning (in shares) at Dec. 31, 2022 4,300 49,642,767   7,307      
Increase (Decrease) in Stockholders' Equity (Deficit)              
Stock-based compensation expense     3,741       3,741
Net issuance of common stock in connection with the vesting of restricted stock (in shares)   22,350          
Unrealized gain on short-term investments         $ 74   74
Net (loss) income           (34,730) (34,730)
Balance Ending at Mar. 31, 2023 $ 4,043 $ 50 546,169   74 (465,251) 85,085
Balance Ending (in shares) at Mar. 31, 2023 4,300 49,665,117   7,307      
Balance Beginning at Dec. 31, 2022 $ 4,043 $ 50 542,428     (430,521) $ 116,000
Balance Beginning (in shares) at Dec. 31, 2022 4,300 49,642,767   7,307      
Increase (Decrease) in Stockholders' Equity (Deficit)              
Issuance of common stock in connection with at-the-market facility offering (average price of $7.17 per share), net of expenses of $529 (in shares)             3,700,000
Net (loss) income             $ (99,636)
Balance Ending at Sep. 30, 2023   $ 55 584,710   (71) (530,157) 54,537
Balance Ending (in shares) at Sep. 30, 2023   54,573,490   7,307      
Balance Beginning at Mar. 31, 2023 $ 4,043 $ 50 546,169   74 (465,251) 85,085
Balance Beginning (in shares) at Mar. 31, 2023 4,300 49,665,117   7,307      
Increase (Decrease) in Stockholders' Equity (Deficit)              
Stock-based compensation expense     3,891       3,891
Net issuance of common stock in connection with the vesting of restricted stock (in shares)   11,625          
Exercise of stock options     485       485
Exercise of stock options (in shares)   72,440          
Conversion of convertible preferred stock into common $ (4,043) $ 1 4,042        
Conversion of convertible preferred stock into common stock (in shares) (4,300) 860,000          
Unrealized gain on short-term investments         (188)   (188)
Net (loss) income           (31,934) (31,934)
Balance Ending at Jun. 30, 2023   $ 51 554,587   (114) (497,185) 57,339
Balance Ending (in shares) at Jun. 30, 2023   50,609,182   7,307      
Increase (Decrease) in Stockholders' Equity (Deficit)              
Stock-based compensation expense     4,006       4,006
Net issuance of common stock in connection with the vesting of restricted stock (in shares)   224,170          
Exercise of stock options     298       298
Exercise of stock options (in shares)   50,338          
Issuance of common stock in connection with at-the-market facility offering (average price of $7.17 per share), net of expenses of $529   $ 4 25,819       25,823
Issuance of common stock in connection with at-the-market facility offering (average price of $7.17 per share), net of expenses of $529 (in shares)   3,689,800          
Unrealized gain on short-term investments         43   43
Net (loss) income           (32,972) (32,972)
Balance Ending at Sep. 30, 2023   $ 55 $ 584,710   $ (71) $ (530,157) $ 54,537
Balance Ending (in shares) at Sep. 30, 2023   54,573,490   7,307