v3.25.4
EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The following table sets forth the computation of basic and diluted net loss per share for common stock:
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Net loss$(6,582)$(17,056)$(25,681)$(47,630)
Basic weighted-average common shares(1)
160,435,461 156,386,470 160,375,254 156,386,470
Effect of dilutive securities— — — 
Diluted weighted-average common shares(1)
160,435,461 156,386,470 160,375,254 156,386,470
Basic and diluted net loss per common share$(0.04)$(0.11)$(0.16)$(0.30)
(1)The basic and diluted weighted-average common shares exclude (i) the Sponsor Shares and (ii) shares held by Jamie Siminoff, the Company’s former Chief Strategy Officer, that were subject to a right of repurchase held by the Company.
The table below sets forth the number of potential common shares underlying outstanding common stock options, restricted common stock, restricted stock units (“RSUs”) and common stock warrants that were excluded from diluted net loss per share as the Company had net losses, and their inclusion would be anti-dilutive:
September 30, 2025September 30, 2024
Stock options22,104,717 46,423,362 
Restricted common stock held by the Sponsor738,000 738,000 
Restricted common stock held by Jamie Siminoff2,861,351 19,075,675 
Restricted stock units375,640 6,038,738 
Warrants16,333,301 16,333,301 
Total42,413,009 88,609,076