Net Income (Loss) per Share (Tables)

6 Months Ended

Jun. 30, 2025

Earnings Per Share [Abstract]

Summary of calculation of diluted net income (loss) per share, the numerator is adjusted for any changes

Pursuant to such method, the Company adjusted the numerator for the gains or losses recognized during the period in net income from the Convertible Notes and the denominator is increased to include the number of additional shares of common stock that would have been outstanding if the Convertible Notes were converted as of the beginning of the period.


		Three Months Ended June 30,								Six Months Ended June 30,
(in thousands, except per share amounts)		2025				2024				2025				2024
Numerator:
Net loss-basic		$	(9,489	)		$	(16,978	)		$	(20,520	)		$	(15,949	)
Net loss-diluted		$	(9,489	)		$	(16,978	)		$	(20,520	)		$	(31,749	)
Denominator:
Weighted-average common shares outstanding-basic			12,197,615				11,964,224				12,197,615				6,479,752
Dilutive securities			—				—				—				669,450
Weighted-average common shares outstanding-diluted			12,197,615				11,964,224				12,197,615				7,149,202

Net loss per share-basic		$	(0.78	)		$	(1.42	)		$	(1.68	)		$	(2.46	)
Net loss per share-diluted		$	(0.78	)		$	(1.42	)		$	(1.68	)		$	(4.44	)

Summary of computation of diluted net loss per share attributable to common stockholders

The Company excluded the following from the computation of diluted net loss per share attributable to common stockholders because including them would have had an anti-dilutive effect:


		Three Months Ended June 30,								Six Months Ended June 30,
		2025				2024				2025				2024
Options to purchase common stock			1,900,088				2,152,513				1,900,088				2,152,513
Restricted stock units			464,450				—				464,450				—
Warrants to purchase common stock			18,144				18,144				18,144				18,144