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

The computation of loss per share is as follows:

 

Three Months Ended March 31,

 

 

2026

 

 

2025

 

(in thousands, except share and per share amounts)

 

 

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(10,743

)

 

$

(6,603

)

Net loss attributable to common stockholders

 

$

(10,743

)

 

$

(6,603

)

Denominator:

 

 

 

 

 

 

Weighted average common stock outstanding -
   basic and diluted

 

 

1,049,454

 

 

 

38,041

 

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

 

$

(10.24

)

 

$

(173.58

)

 

 

Schedule of Potentially Dilutive Shares

The following potentially dilutive shares were not included in the calculation of diluted shares outstanding as the effect would have been anti-dilutive:

 

 

March 31,

 

 

2026

 

 

2025

 

Warrants to purchase common stock

 

 

268,546

 

 

 

75,821

 

Series A Convertible Preferred Stock conversion to common stock

 

 

229,338

 

 

 

29,847

 

Series B Convertible Preferred Stock conversion to common stock

 

 

2

 

 

 

3

 

Series C Convertible Preferred Stock conversion to common stock

 

 

16,143

 

 

 

11,515

 

Notes payable conversion to common stock

 

 

387,914

 

 

 

44,371

 

Stock options to purchase common stock

 

 

7

 

 

 

8

 

Total

 

 

901,950

 

 

 

161,565

 

 

The Company's Series D Convertible Preferred Stock and Series E Convertible Preferred Stock are also potentially convertible into Common Stock, however the conversion price is unknown as of March 31, 2026.