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

Consolidated Statements of Changes in Stockholders' Equity

v3.26.1
Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Non-Controlling Interests
Total
Balance at Dec. 31, 2023 $ 3 $ 15 $ 717,396 $ (694,870) $ (20,957) $ 1,587
Balance (in shares) at Dec. 31, 2023 3,427,138 15,093,053        
Stock-based compensation expense     32,619     32,619
Issuance of common stock related to equity plans   $ 1 (1)      
Issuance of common stock related to equity plans (in shares)   582,323        
Issuance of common stock under ESPP     99     99
Issuance of common stock under ESPP (in shares)   69,482        
Issuance of stock for equity offerings, net   $ 8 17,396     17,404
Issuance of stock for equity offerings, net (in shares)   8,006,058        
Warrant issued in conjunction with debt     1,104     1,104
Issuance of common stock for at-the-market offering, net   $ 2 3,732     3,734
Issuance of common stock for at-the-market offering, net (in shares)   1,957,331        
Common shares issued for dividend on partner company's convertible preferred shares     114     114
Common shares issued for dividend on partner company's convertible preferred shares (in shares)   64,747        
Common shares issued for exchange of partner company's convertible preferred shares   $ 2 3,406     3,408
Common shares issued for exchange of partner company's convertible preferred shares (in shares)   2,028,345        
Warrants issued in conjunction with exchange of partner company's convertible preferred shares     341     341
Preferred A dividends declared and paid     (4,016)     (4,016)
Partner companies' offerings, net     28,852     28,852
Partner companies' at-the-market offering, net     12,037     12,037
Issuance of common stock under partner company's ESPP     257     257
Partner company's dividends declared and paid     (694)     (694)
Exercise of warrants for cash     181     181
Exercise of warrants for cash (in shares)   107,500        
Exercise of partner company options and warrants for cash, net     22,184     22,184
Changes in non-controlling interest in subsidiaries     (71,434)   71,434  
Net income (loss) attributable to non-controlling interest         (74,858) (74,858)
Net income (loss) attributable to common stockholders       (45,997)   (45,997)
Balance at Dec. 31, 2024 $ 3 $ 28 763,573 (740,867) (24,381) (1,644)
Balance (in shares) at Dec. 31, 2024 3,427,138 27,908,839        
Stock-based compensation expense     28,739     28,739
Issuance of common stock related to equity plans   $ 1 (1)      
Issuance of common stock related to equity plans (in shares)   1,384,287        
Issuance of common stock under ESPP     87     87
Issuance of common stock under ESPP (in shares)   69,071        
Exchange of partner company preferred shares     (265)     (265)
Warrant issued in conjunction with debt     1,314     1,314
Issuance of common stock for at-the-market offering, net     1,008     1,008
Issuance of common stock for at-the-market offering, net (in shares)   539,563        
Partner companies' offerings, net and warrant exercises     61,274     61,274
Partner companies' at-the-market offering, net     19,052     19,052
Issuance of common stock under partner company's ESPP     217     217
Partner company's dividends declared and paid     (664)     (664)
Partner company's exercise of options for cash     349     349
Exercise of warrants for cash   $ 2 2,645     2,647
Exercise of warrants for cash (in shares)   1,574,699        
Shares withheld related to net settlement of warrants   (112,365)        
Reclass to liabilities for partner company perpetual preferred     (7,085)     (7,085)
Deconsolidation of subsidiary non-controlling interests         (9,931) (9,931)
Changes in non-controlling interest in subsidiaries     (86,352)   86,352  
Net income (loss) attributable to non-controlling interest         (39,730) (39,730)
Net income (loss) attributable to common stockholders       6,815   6,815
Balance at Dec. 31, 2025 $ 3 $ 31 $ 783,891 $ (734,052) $ 12,310 $ 62,183
Balance (in shares) at Dec. 31, 2025 3,427,138 31,364,094