v3.26.1
Net loss per common share
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Net Loss Per Common Share

14. Net loss per common share

Basic and diluted net loss per share is calculated based upon the weighted-average number of shares of common stock outstanding during the period. Shares of the Company's common stock underlying pre-funded warrants are included in the calculation of the basic and diluted earnings per share. Basic and diluted net loss per share are as follows (in thousands except share and per share amounts):

 

 

Year ended
December 31,

 

 

 

2025

 

 

2024

 

Net loss

 

$

(38,626

)

 

$

(72,700

)

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

 

$

(0.46

)

 

$

(0.98

)

Weighted-average number of common shares used in computing net loss
   per share—basic and diluted

 

 

83,071,185

 

 

 

73,910,026

 

 

 

The following outstanding potentially dilutive securities have been excluded from the calculation of diluted net loss per common share, as their effect is anti-dilutive:

 

 

Year ended December 31,

 

 

 

2025

 

 

2024

 

Stock options to purchase common stock

 

 

14,064,599

 

 

 

11,589,269

 

Restricted stock units

 

 

775,765

 

 

 

112,159