Basic and diluted net loss per share attributable to common stockholders was calculated as follows (in thousands, except share and per share amounts):


	Three Months Ended March 31,
	2026			2025
Numerator:
Net loss	$	(26,869	)	$	(17,503	)
Net loss attributable to common stockholders, basic and diluted	$	(26,869	)	$	(17,503	)
Denominator:
Weighted-average number of common stock used in net loss per share, basic and diluted		1,230,698			276,792
Net loss per share of common stock, basic and diluted	$	(21.83	)	$	(63.24	)

The Company’s potentially dilutive securities, which include preferred stock, stock options, and warrants, have been excluded from the computation of diluted net loss per share as the effect is anti-dilutive since they would reduce basic net loss per share. Therefore, the weighted-average number of common stock outstanding used to calculate both basic and diluted net loss per share attributable to common stockholders is the same. The following table summarizes the potentially dilutive common shares excluded from the computation of diluted net loss per share attributable to common stockholders:


	Three Months Ended March 31,
	2026		2025
Preferred stock		23,918,194		18,379,154
Stock options		4,346,622		2,504,351
Warrants		245,330		222,830
Total		28,510,146		21,106,335