v3.25.2
Net Loss Per Share
6 Months Ended
Jun. 30, 2025
Net Loss Per Share [Abstract]  
NET LOSS PER SHARE
12. Net Loss Per Share

 

The Company computes basic loss per share using net loss attributable to Company common stockholders and the weighted-average number of common shares outstanding during each period. Diluted loss per share includes shares issuable upon exercise of outstanding stock options and stock-based awards where the conversion of such instruments would be dilutive.

 

   For the Three Months Ended
June 30,
   For the Six Months Ended
June 30,
 
   2025   2024   2025   2024 
Numerator for basic and diluted net loss per share:                
Net loss  $(13,215)  $(15,205)  $(28,609)  $(32,206)
                     
Denominator for basic and diluted net loss per share:                    
Weighted average shares   5,938,282    5,873,019    5,931,378    5,865,003 
                     
Net loss per share of Class A and Class B common stock – basic and diluted  $(2.23)  $(2.59)  $(4.82)  $(5.49)

 

For the six months ended June 30, 2025, 1,976,642 shares of the Company’s common stock were excluded from the calculation of diluted earnings per share because the exercise prices of the stock options and warrants were greater than or equal to the average price of the common shares and were therefore anti-dilutive. As the Company had a net loss for the six months ended June 30, 2025, 1,976,642 shares were excluded from weighted average shares outstanding. For the six months ended June 30, 2024, 1,794,053 shares of the Company’s common stock were excluded from the calculation of diluted earnings per share because the exercise prices of the stock options and warrants were greater than or equal to the average price of the common shares and were therefore anti-dilutive.