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

11. Net Loss Per Share

The following table sets forth the computation of the basic and diluted net loss per share (in thousands, except share and per share amounts):

 

 

Three Months Ended March 31,

 

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(12,266

)

 

$

(14,041

)

Denominator:

 

 

 

 

 

 

Weighted-average shares of common stock outstanding

 

 

1,372,084

 

 

 

586,142

 

Net loss per share, basic and diluted

 

$

(8.94

)

 

$

(23.95

)

Basic net loss per share was the same as diluted net loss per share for all periods as the inclusion of potentially dilutive securities would have been anti-dilutive. Potentially dilutive securities that were not included in the diluted per share calculations were as follows:

 

 

March 31,

 

 

 

2026

 

 

2025

 

Shares subject to outstanding common stock warrants

 

 

227,755

 

 

 

169,154

 

Shares subject to outstanding common stock options

 

 

40,674

 

 

 

43,776

 

Shares subject to outstanding RSUs

 

 

106,384

 

 

 

30,393

 

Estimated shares issuable under the 2020 Employee Stock Purchase Plan

 

 

5,918

 

 

 

3,319

 

Total

 

 

380,731

 

 

 

246,642