The Company calculates basic net loss per share by dividing net loss for each respective period by the weighted-average number of common shares outstanding for each respective period. The Company computes diluted net loss per share after giving consideration to the dilutive effect of unvested RSUs, stock options, unsettled ESPP contributions, and warrants that are outstanding during the period, except where such securities would be anti-dilutive.


	Three months ended June 30,				Six months ended June 30,
	2026		2025		2026		2025
Net loss (in thousands)	$	(32,652)	$	(23,520)	$	(51,093)	$	(44,085)

Basic weighted-average common shares	25,856,628		11,046,401		25,248,912		10,174,193
Dilutive impact of share-based awards	—		—		—		—
Diluted weighted-average common shares (1)	25,856,628		11,046,401		25,248,912		10,174,193

Basic net loss per share:
Basic net loss per share	(1.26)		(2.13)		(2.02)		(4.33)

Diluted net loss per share:
Diluted net loss per share	(1.26)		(2.13)		(2.02)		(4.33)

(1)For the three and six months ended June 30, 2026 and June 30, 2025, all outstanding total common stock equivalents were excluded from the diluted calculation as their inclusion would have been anti-dilutive. For the three and six months ended June 30, 2026, the Company excluded the following potential common shares, based on amounts outstanding at period end, from the computation of diluted net loss per share because including them would have had an anti-dilutive effect under the treasury stock method: 199,558 unvested RSUs and 9,170 unsettled ESPP contributions for the three months ended June 30, 2026 and 115,244 unvested RSUs and 7,716 unsettled ESPP contributions for the six months ended June 30, 2026.