v3.26.1
Net Loss Per Share
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Net Loss Per Share

5. Net Loss Per Share

The Company computes basic loss per share by dividing the net loss attributable to common stockholders by the weighted average number of common shares outstanding for the period, including the weighted average effect of the 2026 PIPE Pre-Funded Warrants, without consideration for common stock equivalents. Diluted net loss per share assumes the conversion, exercise, or issuance of all potential common stock equivalents, unless the effect of inclusion would be anti-dilutive. Shares of Common Stock to be issued upon exercise of all outstanding stock options and restricted stock units were excluded from the diluted net loss per share calculation for the three months ended March 31, 2026 and 2025 because such shares are anti-dilutive.

Anti-dilutive securities outstanding during the period not included in the diluted net loss per share calculation include the following:

 

March 31,

 

 

2026

 

 

2025

 

Outstanding common stock options

 

2,693,443

 

 

 

3,045,385

 

Unvested restricted stock units

 

32,642

 

 

 

137,064

 

 

 

2,726,085

 

 

 

3,182,449