| Schedule of Basic and Diluted Net Loss Per Common Share |
The following table presents the calculation of basic and diluted net loss per common share:
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|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended June 30, |
|
|
Six Months Ended June 30, |
|
|
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
Numerator: |
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|
|
|
|
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|
|
|
Net loss |
|
$ |
(110,736 |
) |
|
$ |
(84,706 |
) |
|
$ |
(213,038 |
) |
|
$ |
(149,753 |
) |
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|
|
|
|
|
|
|
|
|
|
|
|
Denominator: |
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|
|
|
|
|
|
|
|
|
|
Weighted-average common shares |
|
|
96,678,511 |
|
|
|
76,780,364 |
|
|
|
90,838,269 |
|
|
|
76,647,393 |
|
Weighted-average pre-funded warrants |
|
|
2,931,293 |
|
|
|
2,173,081 |
|
|
|
2,639,492 |
|
|
|
2,173,081 |
|
Weighted-average common shares outstanding – basic and diluted |
|
|
99,609,804 |
|
|
|
78,953,445 |
|
|
|
93,477,761 |
|
|
|
78,820,474 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net loss per common share – basic and diluted |
|
$ |
(1.11 |
) |
|
$ |
(1.07 |
) |
|
$ |
(2.28 |
) |
|
$ |
(1.90 |
) |
|
| Summary of Potentially Dilutive Securities |
The following table summarizes potentially dilutive securities:
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|
|
Six Months Ended June 30, |
|
|
|
|
2026 |
|
|
2025 |
|
|
Stock options |
|
|
11,810,532 |
|
|
|
11,675,136 |
|
|
RSUs |
|
|
696,231 |
|
|
|
316,957 |
|
|
PSUs |
|
|
175,450 |
|
|
|
275,550 |
|
|
Warrants |
|
|
— |
|
|
|
40,000 |
|
|
Total |
|
|
12,682,213 |
|
|
|
12,307,643 |
|
|
|