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

14. Net Loss per Share

The 3,148,836 shares underlying the pre-funded warrants are included in the calculation of basic and diluted net loss per share as of June 30, 2026, as the exercise price of $0.001 per share is not substantive and the shares are issuable for little or no consideration. No pre-funded warrants were outstanding as of June 30, 2025. The following common stock equivalents have been excluded from the calculation of diluted net loss per share because their effect would be anti-dilutive:

 

 

Six Months Ended June 30,

 

 

2026

 

 

2025

 

Outstanding stock options

 

 

1,874,041

 

 

 

1,782,231

 

Unvested restricted stock unit awards

 

 

270,611

 

 

 

 

Unvested performance stock unit awards

 

 

70,000

 

 

 

 

Outstanding warrant

 

 

8,049

 

 

 

8,049

 

Total

 

 

2,222,701

 

 

 

1,790,280