v3.26.1
Net Loss per Share Applicable to Common Stockholders, Basic and Diluted (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Computation of Net Loss Per Shares of Common Stock

The following table sets forth the computation of net loss per share applicable to common shareholders (in thousands, except share data and per share amounts):

 

 

 

Three Months Ended March 31,

 

 

 

2026

 

 

2025

 

Net loss

 

$

(20,262

)

 

$

(18,466

)

Weighted-average number of common shares used in net loss per share applicable to common shareholders, basic and diluted

 

 

76,872,371

 

 

 

16,905,684

 

Net loss per share applicable to common shareholders, basic and diluted

 

$

(0.26

)

 

$

(1.09

)

 

Schedule of Anti-dilutive Potential Shares of Common Stock Excluded from Computation of Diluted net Loss Per Share

The Company excluded the following potential shares of common stock, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share for the periods indicated because including them would have had an anti-dilutive effect:

 

 

 

Three Months Ended March 31,

 

 

 

2026

 

 

2025

 

Excluded securities:

 

 

 

 

 

 

Options to purchase common shares

 

 

2,332,762

 

 

 

2,581,989

 

Warrants to purchase common shares

 

 

11,163,825

 

 

 

4,549,958

 

Restricted stock units

 

 

2,698,437

 

 

 

719,398

 

Unvested RSPAs

 

 

7,706

 

 

 

30,825

 

Convertible notes (as converted to common shares)

 

 

16,333,549

 

 

 

18,917,877

 

GEM Derivative

 

 

3,914,010

 

 

 

 

Mandatory Convertible Security

 

 

 

 

 

9,387,409

 

Total common shares equivalents

 

 

36,450,289

 

 

 

36,187,456