v3.25.2
Loss Per Share
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Loss Per Share Loss Per Share
Basic loss per share is computed by dividing the net loss after tax attributable to common stockholders by the weighted average shares outstanding during the period. Diluted loss per share is computed by including potentially dilutive securities outstanding during the period in the calculation of weighted average shares outstanding. The Company did not have any dilutive securities during the periods presented; therefore, diluted loss per share is equal to basic loss per share.
Presented in the table below is a reconciliation of the numerator and denominator for the basic and diluted loss per share (“LPS”) calculations for the three and six months ended June 30:
Three Months EndedSix Months Ended
June 30, 2025June 30, 2024June 30, 2025June 30, 2024
Net loss $(19,196)$(4,172)$(23,858)$(7,772)
Basic and diluted weighted average shares outstanding 115,965 57,354 102,775 57,354 
Net loss attributable to common shareholders, basic and diluted $(165.53)$(72.74)$(232.13)$(135.51)
The following securities were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive:
June 30, 2025June 30, 2024
Series Seed882,620 830,786 
Series A1,173,971 1,173,971 
Series B349,264 309,956 
Series C2,626,639 2,626,639 
Series D4,240,522 4,240,522 
Series E
3,080,414 — 
Common Options1,716,821 1,152,056 
Common Warrants17,827 17,827 
Series Seed Warrants— 51,834 
Series B Warrants13,102 52,410 
Series D Warrants130,736 130,736 
Total14,231,916 10,586,737