v3.25.2
Net Loss Per Share (Tables)
 6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Computation of Net Loss Per Share and Weighted Average Shares
The computation of net loss per share and weighted average shares of the Company's common stock outstanding during the periods presented is as follows:
(Amounts in thousands, except for share and per share amounts)Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Basic net loss per share:
Net loss$(36,270)$(41,365)$(86,827)$(92,857)
Shares used in computation:
Weighted average common shares outstanding(1)
15,187,55815,095,95615,185,72415,087,913
Weighted-average effect of dilutive securities:
Assumed exercise of stock options————
Assumed exercise of Public & Private Warrants————
Diluted weighted-average common shares outstanding15,187,55815,095,95615,185,72415,087,913
Earnings (loss) per share attributable to common stockholders:
Basic$(2.39)$(2.74)$(5.72)$(6.15)
Diluted$(2.39)$(2.74)$(5.72)$(6.15)
1.Periods ended June 30, 2024 has been adjusted to reflect the 1-for-50 reverse stock split on August 16, 2024. See Note 1 Organization and Nature of the Business - Reverse Stock Split, for additional information.
Schedule of Antidilutive Securities Excluded from Computation of Net Loss Per Share The Company excluded the following securities, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share attributable to common stockholders for the periods indicated as including them would have had an anti-dilutive effect:
Six Months Ended June 30,
(Amounts in thousands)2025
2024(2)
RSUs and Options to purchase common stock (1)
1,517 1,187 
Public Warrants (1)(3)
6,075 6,075 
Private Warrants (1)(3)
3,733 3,733 
Sponsor locked-up shares (1)
14 14 
Total11,339 11,009 
__________________
(1)Securities have an antidilutive effect under the treasury stock method.
(2)Period ended June 30, 2025 has been adjusted to reflect the 1-for-50 reverse stock split on August 16, 2024. See Note 1 Organization and Nature of the Business - Reverse Stock Split, for additional information.
(3)Public and Private Warrants (as defined below) are unadjusted by the Reverse Stock Split as a holder must exercise 50 warrants to receive one share of common stock