EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Basic and Diluted Net (Loss) Income Per Share Attributable to Common Stockholders

The computations of basic and diluted net loss per share attributable to common stockholders are as follows:


	Three months ended March 31,
	2026		2025
Net loss (in thousands)	$	(18,441)	$	(20,565)

Basic weighted-average common shares	24,634,443		9,292,066
Dilutive impact of share-based awards	—		—
Diluted weighted-average common shares (1)	24,634,443		9,292,066

Basic net loss per share:
Basic net loss per share	(0.75)		(2.21)

Diluted net loss per share:
Diluted net loss per share	(0.75)		(2.21)

(1)For the three months ended March 31, 2026 and the three months ended March 31, 2025 all outstanding total common stock equivalents were excluded from the diluted calculation as their inclusion would have been anti-dilutive. For the three months ended March 31, 2026, the Company excluded the following potential common shares, based on amounts outstanding at period end, from the computation of diluted net loss per share because including them would have had an anti-dilutive effect under the treasury stock method; 429 unvested RSUs, 1,261 unsettled ESPP contributions, and 525,000 pre-funded warrants.