v3.25.1
Net Loss per Share (Tables)
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Net Loss Per Common Share Attributable to Common Stockholders

Basic and diluted net loss per common share attributable to common stockholders was calculated as follows (in thousands, except share and per share amounts):

 

 

 

Three Months Ended March 31,

 

 

 

2025

 

 

2024

 

Numerator:

 

 

 

 

 

 

Net loss attributable to common stockholders

 

$

(22,413

)

 

$

(19,940

)

Denominator:

 

 

 

 

 

 

Weighted-average common shares outstanding, basic and diluted

 

 

46,067,878

 

 

 

39,864,111

 

Net loss per share attributable to common stockholders, basic and diluted

 

$

(0.49

)

 

$

(0.50

)

Summary of Dilutive Securities Excluded from Computation of Diluted Net Loss Per Common Share The Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of diluted net loss per common share for the periods indicated because including them would have had an anti-dilutive effect:

 

 

 

As of March 31,

 

 

2025

 

 

2024

 

Series A convertible preferred stock

 

 

5,376,340

 

 

 

 

Options to purchase common stock – service based

 

 

9,262,778

 

 

 

7,802,988

 

Options to purchase common stock – performance based

 

 

210,629

 

 

 

210,629

 

Unvested restricted common stock

 

 

 

 

 

9,768

 

Total

 

 

14,849,747

 

 

 

8,023,385