Three Months Ended March 31,

(in thousands, except share and earnings per share data)

2026

2025

Net loss

$

(71,831

)

$

(56,130

)

Weighted-average common shares outstanding - basic

13,077,003

12,867,338

Weighted-average common shares outstanding - diluted

13,077,003

12,867,338

Net loss per share - basic

$

(5.49

)

$

(4.36

)

Net loss per share - diluted

$

(5.49

)

$

(4.36

)