v3.26.1
Net Loss Per Share
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Net Loss Per Share

Note 8. Net Loss Per Share

Basic and diluted net loss per share is computed by dividing net loss by the weighted-average number of shares of common stock outstanding for the period. For periods in which the Company generated a net loss, the Company does not include the potential impact of dilutive securities in diluted net loss per share, as the impact of these items is anti-dilutive.

The following equity instruments were excluded from the calculation of diluted net loss per share because their effect would have been anti-dilutive for the periods presented:

 

 

June 30,

 

 

 

2026

 

 

2025

 

Stock options, issued and outstanding

 

 

13,184,249

 

 

 

6,628,470

 

Estimated shares issuable under the ESPP

 

 

38,499

 

 

 

38,747

 

Restricted stock subject to future vesting

 

 

797,000

 

 

 

 

Common warrants to purchase common stock

 

 

37,024,389

 

 

 

23,000,000

 

Total

 

 

51,044,137

 

 

 

29,667,217