Net Loss Per Share (Tables)

3 Months Ended

Mar. 31, 2026

Earnings Per Share [Abstract]

Schedule of Calculation of Basic and Diluted Earnings per Share for Common Stock and Preferred Stock

The calculation of basic and diluted earnings per share for our common stock and Preferred Stock is as follows:


		For the Three Months Ended March 31,
		2026				2025
(In thousands, except share and per share data)
Weighted-average common shares outstanding, basic and diluted			112,424,211				77,126,763
Weighted-average shares outstanding of Series X and Series X1 non-voting convertible preferred stock, basic and diluted			114,508				114,508

Net loss used in the calculation of basic and diluted loss per share		$	(39,025	)		$	(6,495	)

Net loss available to common stock		$	(36,935	)		$	(6,000	)
Net loss per share, common stock, basic and diluted		$	(0.33	)		$	(0.08	)

Net loss available to Series X and Series X1 non-voting convertible preferred stock		$	(2,090	)		$	(495	)
Basic and diluted earnings per share of Series X and Series X1 non-voting convertible preferred stock		$	(18.25	)		$	(4.32	)

Summary of Potentially Dilutive Securities Outstanding Based on Market Price of Common Stock that were Excluded from the Computation of Diluted Net Loss Per Share

The following table presents potentially dilutive securities outstanding based on the market price of the Company’s common stock as of March 31, 2026 and 2025 that were excluded from the computation of diluted net loss per share because their inclusion would have been anti-dilutive. These securities consist of incentive stock options, restricted stock units and common warrants outstanding during the respective periods.


		For the Three Months Ended March 31,
		2026				2025

Stock options outstanding and other equity awards			10,952,838				3,780,189
Common and preferred warrants outstanding			—				3,117,540
Total			10,952,838				6,897,729