SUBSEQUENT EVENTS |
12 Months Ended |
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Dec. 31, 2024 | |
| SUBSEQUENT EVENTS | |
| SUBSEQUENT EVENTS | NOTE 16—SUBSEQUENT EVENTS Share Issuances. In January 2025, the Company was paid $171.7 million as initial gross cash proceeds associated with the establishment of forward positions for 30 million shares of Common Stock plus at-the-market offerings of 17.1 million shares of Common Stock. Fees paid to sales agents were approximately $0.6 million. The Company may be entitled to receive additional cash payments pursuant to the forward sales. There is no guarantee that we will receive any additional proceeds. See Note 9—Stockholders’ Deficit for further information. As of January 15, 2025, all 50.0 million shares subject to the Sales and Registration Agreement have been sold.
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