v3.26.1
Net Income (Loss) Attributable to Common Stockholders per Share
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Net Income (Loss) Attributable to Common Stockholders per Share
10. Net Income (Loss) Attributable to Common Stockholders per Share
We reported net income for the three months ended June 30, 2026 and net losses for the six months ended June 30, 2026 and for the three and six months ended June 30, 2025. For purposes of the diluted net income (loss) attributable to common stockholders per share calculation, outstanding stock options, common stock to be issued under the 2021 ESPP, and the conversion option derivative under the K2HV Loan Agreement are considered to be potentially dilutive securities; however, the following amounts were excluded from the weighted-average common stock outstanding in the calculation of diluted net income (loss) attributable to common stockholders per share because their effect would have been anti-dilutive:
June 30,
20262025
Outstanding stock options
8,206,431 10,461,702 
Common stock to be issued under the 2021 ESPP— 70,602 
Common stock to be issued upon exercise of the K2HV Loan Agreement conversion feature
— 791,364 
Total
8,206,431 11,323,668