v3.25.2
NET LOSS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of basic and diluted net loss per share of Common Stock, Series A Convertible Preferred Stock, and Series B Convertible Preferred Stock (in thousands, except share and per share amounts):
Three Months Ended June 30, 2025Six Months Ended June 30, 2025
Series A Convertible Preferred StockSeries B Convertible Preferred StockCommon StockSeries A Convertible Preferred StockSeries B Convertible Preferred StockCommon Stock
Net loss per share, basic and diluted:
Numerator
Allocation of losses$(9,034)$(9,723)$(81,978)$(16,848)$(18,135)$(152,664)
Denominator
Weighted-average shares outstanding134,864 145,160 81,593,463 134,864 145,160 81,471,496 
Net loss per share, basic and diluted$(66.99)$(66.98)$(1.00)$(124.93)$(124.93)$(1.87)
Three Months Ended June 30, 2024Six Months Ended June 30, 2024
Series A Convertible Preferred StockSeries B Convertible Preferred StockCommon StockSeries A Convertible Preferred StockSeries B Convertible Preferred StockCommon Stock
Net loss per share, basic and diluted:
Numerator
Allocation of losses$(8,129)$(7,411)$(49,453)$(14,962)$(13,092)$(85,481)
Denominator
Weighted-average shares outstanding157,435 143,522 63,854,514 164,029 143,522 62,476,777 
Net loss per share, basic and diluted$(51.63)$(51.64)$(0.77)$(91.22)$(91.22)$(1.37)
Schedule of Potentially Dilutive Securities Potentially dilutive securities to the Common Stock include the following:
June 30,
20252024
Series A Preferred Stock (as converted to shares of common stock)8,991,383 10,496,191 
Series B Preferred Stock (as converted to shares of common stock)9,677,817 9,568,612 
Options to purchase common stock13,901,472 10,986,228 
Warrants to purchase common stock29,446 249,883 
Restricted stock units1,108,292 589,696 
Total33,708,410 31,890,610