Annual report [Section 13 and 15(d), not S-K Item 405]

CONSOLIDATED STATEMENTS OF SHAREHOLDERS??? EQUITY

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CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Beginning balance (in shares) at Dec. 31, 2022   42,445,517    
Beginning balance at Dec. 31, 2022 $ 100,999 $ 424 $ 360,155 $ (259,580)
Increase (Decrease) in Stockholders' Equity        
Stock-based compensation 14,418   14,418  
Issuance of restricted and performance stock units (in shares)   368,964    
Issuance of restricted and performance stock units 0 $ 4 (4)  
Exercise of stock options and employee stock purchases under the ESPP (in shares)   310,015    
Exercise of stock options and employee stock purchases under the ESPP 1,964 $ 3 1,961  
Net loss (21,716)     (21,716)
Ending balance (in shares) at Dec. 31, 2023   43,124,496    
Ending balance at Dec. 31, 2023 95,665 $ 431 376,530 (281,296)
Increase (Decrease) in Stockholders' Equity        
Stock-based compensation 15,906   15,906  
Issuance of restricted and performance stock units (in shares)   712,741    
Issuance of restricted and performance stock units 0 $ 7 (7)  
Exercise of stock options and employee stock purchases under the ESPP (in shares)   311,599    
Exercise of stock options and employee stock purchases under the ESPP 2,300 $ 3 2,297  
Net loss $ (9,964)     (9,964)
Ending balance (in shares) at Dec. 31, 2024 44,148,836 44,148,836    
Ending balance at Dec. 31, 2024 $ 103,907 $ 441 394,726 (291,260)
Increase (Decrease) in Stockholders' Equity        
Stock-based compensation 30,112   30,112  
Issuance of restricted and performance stock units (in shares)   1,907,707    
Issuance of restricted and performance stock units 0 $ 19 (19)  
Exercise of stock options and employee stock purchases under the ESPP (in shares)   1,143,254    
Exercise of stock options and employee stock purchases under the ESPP 10,531 $ 12 10,519  
Net loss $ (15,703)     (15,703)
Ending balance (in shares) at Dec. 31, 2025 47,199,797 47,199,797    
Ending balance at Dec. 31, 2025 $ 128,847 $ 472 $ 435,338 $ (306,963)