v3.26.1
NET LOSS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of basic and diluted net loss per share of common stock, Series A convertible preferred stock, and Series B convertible preferred stock (in thousands, except share and per share amounts):
Three Months Ended June 30, 2026Six Months Ended June 30, 2026
Series A Convertible Preferred StockSeries B Convertible Preferred StockCommon StockSeries A Convertible Preferred StockSeries B Convertible Preferred StockCommon Stock
Numerator
Allocation of net loss$(9,395)$(4,899)$(112,824)$(17,517)$(9,735)$(204,768)
Denominator
Weighted-average shares outstanding134,754 70,270 107,884,104 134,809 74,920 105,063,550 
Net loss per share, basic and diluted$(69.72)$(69.72)$(1.05)$(129.94)$(129.94)$(1.95)
Three Months Ended June 30, 2025Six Months Ended June 30, 2025
Series A Convertible Preferred StockSeries B Convertible Preferred StockCommon StockSeries A Convertible Preferred StockSeries B Convertible Preferred StockCommon Stock
Numerator
Allocation of net loss$(9,034)$(9,723)$(81,978)$(16,848)$(18,135)$(152,664)
Denominator
Weighted-average shares outstanding134,864 145,160 81,593,463 134,864 145,160 81,471,496 
Net loss per share, basic and diluted$(66.99)$(66.98)$(1.00)$(124.93)$(124.93)$(1.87)
Schedule of Potentially Dilutive Securities Potentially dilutive securities to the common stock include the following:
June 30,
20262025
Series A convertible preferred stock, as converted to shares of common stock8,879,843 8,991,383 
Series B convertible preferred stock, as converted to shares of common stock3,231,031 9,677,817 
Options to purchase common stock16,609,430 13,901,472 
Warrants to purchase common stock29,446 29,446 
Convertible notes, as converted to shares of common stock14,705,875 — 
Restricted stock units1,832,304 1,108,292 
Total45,287,929 33,708,410