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(In thousands)
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Three months
ended June 30, 2026 |
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GAAP net (loss) income
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| | | $ | (35,051) | | |
| Add (Deduct) adjustments: | | | | | | | |
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Interest income
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| | | $ | (1,500) | | |
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Income tax expense
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| | | | 311 | | |
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Depreciation and amortization
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| | | | 6,778 | | |
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EBITDA
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| | | $ | (29,462) | | |
| Add (Deduct) adjustments: | | | | | | | |
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Other (income) expense, net
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| | | | (40) | | |
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Stock-based compensation expense
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| | | | 18,176 | | |
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Adjusted EBITDA
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| | | $ | (11,326) | | |
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Public offering price per share
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| | | | | | | | | $ | | | |
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Unaudited net tangible book value per share of our common stock as of June 30, 2026
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| | | $ | 5.60 | | | | | | | | |
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Increase in unaudited net tangible book value per share of our common stock attributable to investors in this offering
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| | | $ | | | | | | | | | |
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As adjusted unaudited pro forma net tangible book value per share as of June 30, 2026, immediately after this offering
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| | | | | | | | | $ | | | |
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Dilution per share to new investors participating in this offering
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| | | | | | | | | $ | | | |
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Underwriter
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Number of Shares
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Goldman Sachs & Co. LLC
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William Blair & Company, L.L.C.
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Leerink Partners LLC
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Guggenheim Securities, LLC
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Total
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| | | | | | |
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No Exercise
|
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Full Exercise
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Per Share
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| | | $ | | | | | $ | | | ||
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Total
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| | | $ | | | | | $ | | | | |
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Goldman Sachs & Co. LLC
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William Blair
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Leerink Partners
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Guggenheim Securities
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