XML 19 R7.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Common stock [Member]
Series X Preferred Stock
Common stock [Member]
Additional paid-in capital
Accumulated deficit
Accumulated other comprehensive loss
Series X Preferred Stock
Total
Mezzanine equity, beginning balance at Dec. 31, 2020           $ 0  
Mezzanine equity, beginning balance (in shares) at Dec. 31, 2020           0  
Series X redeemable convertible preferred stock              
Issuance of preferred stock in a private offering of public equity, net of issuance costs           $ 84,696  
Issuance of preferred stock in a private offering of public equity, net of issuance costs (in shares)           35,573  
Issuance of common stock upon the conversion of preferred stock $ (168,920) $ 9 $ 168,911        
Issuance of common stock upon the conversion of preferred stock (in shares) (54,622) 9,103,664          
Issuance of preferred stock and common stock upon acquisition of Quellis           $ (156,185)  
Issuance of preferred stock and common stock upon acquisition of Quellis (in shares)           50,504  
Reclassification of preferred stock to permanent equity           $ (240,881)  
Beginning balance at Dec. 31, 2020 $ 0 $ 4 301,562 $ (260,897) $ 0   $ 40,669
Beginning balance (in shares) at Dec. 31, 2020 0 3,347,386          
Increase (Decrease) in Shareholders' Equity              
Issuance of preferred stock in a private offering of public equity, net of issuance costs     19,565       19,565
Issuance of preferred stock and common stock upon acquisition of Quellis     8,098       8,098
Issuance of preferred stock and common stock upon acquisition of Quellis (in shares)   555,444          
Reclassification of preferred stock to permanent equity $ 240,881           240,881
Reclassification of preferred stock to permanent equity (in shares) 86,077            
Issuance of common stock upon the conversion of preferred stock $ (168,920) $ 9 168,911        
Accretion of preferred stock discount 24,437   (24,437)        
Reclassification of equity classified warrants     3,468       3,468
Proceeds from exercises of options     23       23
Issuance of common stock upon exercise of options (in shares)   10,470          
Expense related to warrants inherited in acquisition of Quellis     1,157       1,157
Stock-based compensation expense     3,362       3,362
Fractional shares eliminated pursuant to reverse stock split   (9)          
Net loss       (194,912)     (194,912)
Ending balance at Dec. 31, 2021 $ 96,398 $ 13 481,709 (455,809)     122,311
Ending balance (in shares) at Dec. 31, 2021 31,455 13,016,955          
Series X redeemable convertible preferred stock              
Reclassification of preferred stock to permanent equity (in shares)           (86,077)  
Issuance of common stock upon the conversion of preferred stock (in shares)           9,103,664  
Increase (Decrease) in Shareholders' Equity              
Issuance of common stock for at-the-market offerings, net of issuance costs   $ 4 36,987       36,991
Issuance of common stock for at-the-market offerings, net of issuance costs (in shares)   4,012,003          
Proceeds from exercises of options   $ 1 84       85
Issuance of common stock upon exercise of options (in shares)   27,332          
Expense related to warrants inherited in acquisition of Quellis     1,542       1,542
Issuance of common stock pursuant to an Underwriting Agreement, net of underwriter's discount and issuance costs   $ 10 107,636       107,646
Issuance of common stock pursuant to an Underwriting Agreement, net of underwriter's discount and issuance costs (in shares)   10,445,050          
Stock-based compensation expense     4,554       4,554
Unrealized loss on short-term investments         (79,000)   (79)
Net loss       (51,834)     (51,834)
Ending balance at Dec. 31, 2022 $ 96,398 $ 28 $ 632,512 $ (507,643) $ (79,000)   $ 221,216
Ending balance (in shares) at Dec. 31, 2022 31,455 27,501,340