Net Loss Per Share (Tables)

3 Months Ended

Mar. 31, 2026

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Net Loss Per Share of Common Stock, Series B Preferred Stock and Series C Preferred Stock

Basic and diluted net loss per share of Common Stock, Series B Preferred Stock and Series C Preferred Stock is calculated as follows (in thousands except share and per share amounts):


		For the Three Months Ended March 31, 2026
		Series B Preferred Stock				Series C Preferred Stock				Common Stock
Net loss per share, basic and diluted:
Numerator
Allocation of losses		$	(5,789	)		$	(664	)		$	(21,330	)
Denominator
Weighted-average shares outstanding			16,366				20,079				34,299,182
Net loss per share, basic and diluted		$	(353.72	)		$	(33.07	)		$	(0.62	)

		For the Three Months Ended March 31, 2025
		Series B Preferred Stock				Series C Preferred Stock				Common Stock
Net loss per share, basic and diluted:
Numerator
Allocation of losses		$	—			$	—			$	(2,533	)
Denominator
Weighted-average shares outstanding			—				—				1,322,011
Net loss per share, basic and diluted		$	—			$	—			$	(1.92	)

Schedule of Antidilutive Securities Excluded from Calculation of Diluted Net Loss Per Share

The following outstanding potentially dilutive securities have been excluded from the calculation of diluted net loss per share, as their effect is anti-dilutive:


		For the Three Months Ended March 31,
		2026				2025
Stock options to purchase Common Stock			4,045,815				236,092
Restricted stock units			957,513				10,452
Outstanding Paramora warrants			628,302				—