| Schedule of computation of basic and diluted net loss per share attributable to common stockholders |
The following table sets forth the computation of basic earnings per share attributable to common stockholders and the participating securities for the periods presented (in thousands, except share and per share data): Basic LPS: | | | | | | | | | | | | Successor | | | July 31, 2024 to December 31, 2024 | (amounts in thousands, except share and per share data) | | Common Shares | | Convertible Securities Notes | | Sponsor Earnout | Numerator: | | | | | | | | | | Net loss allocated to each class of participating securities | | $ | (49,888) | | $ | — | | $ | (3,875) | Denominator: | | | | | | | | | | Weighted-average shares outstanding | | | 14,772,692 | | | — | | | — | Shares issuable to Convertible Securities Notes | | | — | | | — | | | — | Sponsor Earnout | | | — | | | — | | | 1,147,500 | Net loss per share attributable to each class of participating securities – Basic | | $ | (3.38) | | $ | — | | $ | (3.38) |
| | | | Successor | (amounts in thousands, except share and per share data) | Year Ended December 31, 2025 | Numerator: | | | Net loss | $ | (25,084) | Denominator: | | | Weighted-average shares outstanding used in computing net loss per share attributable to common stockholders - Basic | | 16,577,126 | | | | Net loss per share attributable to common stockholders - Basic | $ | (1.51) |
The following table sets forth the computation of basic loss per share attributable to common stockholders and the participating securities for the periods presented (in thousands, except share and per share data): Diluted LPS: | | | | | | | Successor | | Successor | (amounts in thousands, except share and per share data) | Year Ended December 31, 2025 | | July 31 to December 31 | Numerator: | | | | | | Net loss – Basic | $ | (25,084) | | $ | (53,763) | Less: Adjustment for fair value changes to convertible securities notes | | — | | | (929) | Net loss attributable to common stockholders – Diluted | $ | (25,084) | | $ | (54,692) | | | | | | | Denominator: | | | | | | Weighted-average shares outstanding – Basic | | 16,577,126 | | | 14,772,692 | Weighted-average effect of shares issuable to Convertible Securities Notes (if-converted method) | | — | | | — | Weighted-average shares outstanding – Diluted | | 16,577,126 | | | 14,772,692 | | | | | | | Net loss per share attributable to common shares – Diluted (if-converted method) | $ | (1.51) | | $ | (3.70) |
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| Schedule of potentially dilutive securities were excluded from the computation of diluted net loss per share |
| | | | | Successor | | Successor | | December 31, | | December 31, | | 2025 | | 2024 | 2025 Milestone Warrants | 18,038,829 | | — | Base Warrants | 7,528,727 | | 7,528,727 | Convert Warrants | 1,500,000 | | 1,500,000 | Earn-out Shares, subject to vesting conditions | 1,147,500 | | 1,147,500 | Stock options issued in connection with the Business Combination | 7,587 | | 7,587 | Total potentially dilutive securities | 28,222,643 | | 10,183,814 |
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