Net loss attributable to common stockholders

$

(129,724,816

)

$

(87,360,817

)

$

(291,689,264

)

$

(281,187,675

)

Less: preferred stock dividends accrued

(26,785

)

(23,066

)

(76,823

)

(66,412

)

Less: financial result from exchange of Series C P/S for Series E P/S

—

(8,604,029

)

—

(8,604,029

)

Less: fair value of common stock issued to avoid fractional shares on reverse stock split (see Note 1 - Description of business and basis of presentation)

(71,982

)

—

(71,982

)

—

Net loss used in computing basic net loss per share of common stock

$

(129,823,583

)

$

(95,987,912

)

$

(291,838,069

)

$

(289,858,116

)

Net loss per share

$

(11,231.39

)

$

(95,987,912

)

$

(74,887.88

)

$

(289,858,116

)

Weighted average shares outstanding, basic and diluted

11,559

1

3,897

1

Net loss per share, reported previously, before adjusting to reverse stock splits effectuated in September 2024, February, April, June, and August 2025, see Note 1 - Description of business and basis of presentation

N/A

$

(19.39

)

N/A

$

(35.83

)

Weighted average shares outstanding, basic and diluted, reported previously, before adjusting to reverse stock splits effectuated in September 2024, February, April, June, and August 2025, see Note 1 - Description of business and basis of presentation

N/A

12,134,899

N/A

7,644,049