v3.26.1
Net Loss per Share Attributable to Common Stockholders
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Net Loss per Share Attributable to Common Stockholders Net Loss per Share Attributable to Common Stockholders
Basic net loss per share attributable to common stockholders is computed by dividing the net loss attributable to common stockholders by the weighted-average number of shares of common stock outstanding during the period. The diluted net loss per share attributable to common stockholders is computed by giving effect to all potentially dilutive common stock equivalents during the period. For purposes of this calculation, the Company’s stock options, warrants, share purchase rights pursuant to the Company’s 2021 ESPP, shares issuable under the Company’s bonus plans, and unvested RSUs, PSUs and RSUs subject to cash-settlement election are considered to be potential common stock equivalents, but have been excluded from the calculation of diluted net loss per share attributable to common stockholders as their effect is antidilutive.
The following table presents the calculation of basic and diluted net loss per share (in thousands, except share and per share data):
Three Months Ended June 30,
Six Months Ended June 30,
2026202520262025
Numerator:
Net loss and comprehensive loss attributable to common stockholders
$(5,089)$(7,097)$(11,236)$(16,421)
Denominator for basic and diluted net loss per share:
Weighted average common shares outstanding, basic and diluted60,793,95555,627,21460,046,22954,835,639
Net loss per share attributable to common stockholders – basic and diluted$(0.08)$(0.13)$(0.19)$(0.30)
Since the Company was in a loss position for all periods presented, basic net loss per share is the same as diluted net loss per share as the inclusion of all potential common shares outstanding would have been antidilutive. The weighted average potential shares of common stock that were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented are as follows:
Three Months Ended June 30,
Six Months Ended June 30,
2026202520262025
RSUs2,578,455 4,745,716 3,372,972 3,523,498 
PSUs— — 929 — 
RSUs subject to cash-settlement election72,000 — 36,199 — 
Customer warrants691,464 — 347,642 — 
Stock options2,771,841 4,007,209 2,835,824 3,983,888 
Shares issuable pursuant to the 2021 ESPP997,099 1,249,684 1,165,524 1,344,639 
Bonus Plan 368,130 — 537,088 94,970