REGISTRATION STATEMENT AND COMMON EQUITY OFFERINGS |
3 Months Ended |
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Dec. 31, 2023 | |
| Government Assistance [Abstract] | |
| REGISTRATION STATEMENT AND COMMON EQUITY OFFERINGS | REGISTRATION STATEMENT AND COMMON EQUITY OFFERINGS Our shelf registration statement permits us to issue, through one or more transactions, up to an aggregate of $300.0 million in securities, consisting of common stock, preferred stock, subscription rights, debt securities and warrants to purchase common stock or preferred stock. As of December 31, 2023, we had the ability to issue up to an additional $151.1 million in securities under the registration statement.
Common Stock At-the-Market Offerings
In May 2021, we entered into an equity distribution agreement with Jefferies LLC (as amended and restated, the “Sales Agreement”), under which we have the ability to issue and sell, from time to time, shares of our common stock with an aggregate offering price of up to $100.0 million in an “at the market offering” (the “ATM Program”). In July 2023, we amended and restated the Sales Agreement to add Huntington Securities, Inc. as a sales agent under the ATM Program. We did not issue any shares under the Sales Agreement during the three months ended December 31, 2023. As of December 31, 2023, we had a remaining capacity to sell up to an additional $0.4 million of our common stock under the Sales Agreement.
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