| Schedule of Earnings Per Share, Basic and Diluted |
The following table sets forth the computation of basic and diluted net loss per common, Series A, and Series B share (net loss in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | As Revised
2025 | | 2026 | | As Revised
2025 | Numerator: | | | | | | | | Net loss | $ | (57,939) | | | $ | (42,281) | | | $ | (152,330) | | | $ | (115,519) | | Denominator: | | | | | | | | Weighted average common shares outstanding | 23,072,084 | | | 22,207,017 | | | 23,015,961 | | | 22,149,492 | | Pre-funded warrants | 3,605,790 | | | 3,605,790 | | | 3,605,790 | | | 3,605,790 | | Weighted average earned PSUs | 97,600 | | | 50,000 | | | 97,600 | | | 34,254 | | Series A preferred stock | 1,969,797 | | | 1,969,797 | | | 1,969,797 | | | 1,969,797 | | Series B preferred stock | 400,000 | | | 400,000 | | | 400,000 | | | 400,000 | | Basic and diluted weighted average number of shares outstanding | 29,145,271 | | | 28,232,604 | | | 29,089,148 | | | 28,159,333 | | | | | | | | | | | Basic and diluted net loss per common, Series A preferred, and Series B preferred share | $ | (1.99) | | | $ | (1.50) | | | $ | (5.24) | | | $ | (4.10) | |
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| Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share |
The following table summarizes outstanding securities not included in the computation of diluted net loss per common share, as their inclusion would be anti-dilutive: | | | | | | | | | | | | | Outstanding at June 30, | | 2026 | | 2025 | | Common stock options | 1,005,295 | | 1,531,682 | | Restricted stock units | 953,440 | | 757,263 | Unearned performance-based restricted stock units | 324,454 | | 308,954 | | Warrants | 19,454 | | 19,454 |
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| Schedule of Error Corrections and Prior Period Adjustments |
The following tables summarize the impact of the revision on both the weighted average shares outstanding and net loss per share calculations for each of the relevant periods: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Weighted Average Shares Outstanding | | Net Loss per Share | Period Impacted | | As Reported | | As Revised | | As Reported | | As Revised | Year-ended 12/31/2025 | | 22,434,310 | | | 28,409,706 | | | $ | (12.85) | | | $ | (10.15) | | Year-ended 12/31/2024 | | 21,272,962 | | | 26,908,070 | | | $ | (21.90) | | | $ | (17.31) | | Year-ended 12/31/2023 | | 18,687,774 | | | 21,562,581 | | | $ | (19.99) | | | $ | (17.33) | | | | | | | | | | | Three months ended 6/30/25 | | 22,207,017 | | | 28,232,604 | | | $ | (1.90) | | | $ | (1.50) | | Six months ended 6/30/25 | | 22,149,492 | | | 28,159,333 | | | $ | (5.22) | | | $ | (4.10) | | Three months ended 9/30/25 | | 22,482,502 | | | 28,508,089 | | | $ | (5.08) | | | $ | (4.01) | | Nine months ended 9/30/25 | | 22,261,718 | | | 28,276,865 | | | $ | (10.32) | | | $ | (8.12) | |
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