v3.25.4
Net Loss per Share (Tables)
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Loss Per Common Share Attributable to Common Stockholders

Basic and diluted net loss per common share attributable to common stockholders was calculated as follows (in thousands, except share and per share amounts):

 

 

Year Ended December 31,

 

 

2025

 

 

2024

 

Numerator:

 

 

 

 

 

 

Net loss attributable to common stockholders

 

$

(111,483

)

 

$

(78,307

)

Denominator:

 

 

 

 

 

 

Weighted average common shares outstanding, basic and diluted

 

 

38,934,569

 

 

 

20,738,338

 

Net loss per share attributable to common stockholders, basic and diluted

 

$

(2.86

)

 

$

(3.78

)

 

Schedule of Potential Common Shares Excluded from Computation of Diluted Net Loss Per Share Available to Common Shareholders

For purposes of this calculation, the Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share available to common shareholders for the periods indicated because including them would have had an anti-dilutive effect:

 

 

As of December 31,

 

 

2025

 

 

2024

 

Options to purchase common stock

 

 

6,287,477

 

 

 

4,189,746

 

Unvested performance-based restricted stock units

 

 

47,750

 

 

 

 

Unvested restricted stock units

 

 

13,987

 

 

 

 

Unvested restricted common stock—service based

 

 

411,833

 

 

 

976,596

 

Unvested restricted common stock—performance based

 

 

212,977

 

 

 

444,235