v3.26.1
Net Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Loss Per Share

The following table sets forth the computation of the Company’s basic and diluted net loss per share for the three months ended March 31, 2026 and 2025:

 

 

Three Months Ended March 31,

 

(in thousands, except share and per share amounts)

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

Net loss attributable to common stockholders

 

$

(219,585

)

 

$

(32,486

)

Denominator:

 

 

 

 

 

 

Weighted-average number of common shares outstanding, basic and diluted

 

 

43,011,544

 

 

 

6,241,207

 

Net loss per share attributable to common stockholders, basic and diluted

 

$

(5.11

)

 

$

(5.21

)

Potential Dilutive Securities Excluded from Computation of Diluted Net Loss Per Share

The Company’s potentially dilutive securities were stock options, restricted stock units, and warrants. Based on the amounts outstanding as of March 31, 2026 and 2025, the Company excluded the following potential common shares from the computation of diluted net loss per share attributable to common stockholders because including them would have had an anti-dilutive effect:

 

 

As of March 31,

 

 

 

2026

 

 

2025

 

Options to purchase common stock

 

 

7,017,122

 

 

 

621,875

 

Restricted stock units

 

 

346,325

 

 

 

115,221

 

Warrants

 

 

39,284,125

 

 

 

3,491,953