v3.26.1
Loss per share
3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Earnings Per Share [Abstract]    
Loss per share
8. Loss per share
Basic and diluted net loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding during the period as follows:
 
    
Three Months Ended
March 31,
 
    
2026
    
2025
 
Numerator:
     
Net loss (in thousands)
  
$
(3,177
  
$
(1,429
Denominator:
     
Weighted average shares used in calculating net loss per share — basic and diluted (in thousands)
    
4,205
      
2,556
 
  
 
 
    
 
 
 
Net loss per share — basic and diluted
  
$
(0.76
  
$
(0.56
  
 
 
    
 
 
 
The Company excludes shares of common stock related to Preferred Stock, stock options and RSAs from the calculation of diluted net loss per share since the inclusion of such shares would be anti-dilutive. The following table sets forth potential shares that were considered anti-dilutive for the three months ended March 31, 2026 and 2025:
 
    
Three Months Ended
March 31,
 
    
2026
    
2025
 
Preferred Stock
    
351,037
      
351,037
 
Stock Options
    
280,407
      
329,458
 
RSAs
    
89,054
      
149,150
 
  
 
 
    
 
 
 
    
720,498
      
829,645
 
  
 
 
    
 
 
 
8. Loss per share
Basic and diluted net loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding during the period as follows:
 
    
Year Ended
December 31,
 
    
2025
    
2024
 
Numerator:
     
Net loss (in thousands)
   $ (3,528    $ (3,057
Denominator:
     
Weighted average shares used in calculating net loss per share — basic and diluted (in thousands)
     3,181        2,518  
  
 
 
    
 
 
 
Net loss per share — basic and diluted
   $ (1.11    $ (1.21
  
 
 
    
 
 
 
The Company excludes potential shares of common stock related to Preferred Stock, stock options and RSAs from the calculation of diluted net loss per share since the inclusion of such shares would be anti-dilutive. The following table sets forth potential shares that were considered anti-dilutive for the years ended December 31, 2025 and 2024:
 
    
Year Ended December 31,
 
    
2025
    
2024
 
Preferred Stock
     351,037        351,037  
Stock Options
     297,762        335,448  
RSAs
     104,078        164,174  
  
 
 
    
 
 
 
     752,877        850,659