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

8. NET LOSS PER SHARE

Basic net loss per share is computed by dividing net loss attributable to the Company's common stockholders by the weighted average number of shares of the Company’s common stock outstanding during the period. Diluted net loss per share is computed similarly to basic net loss per share except that it also includes potential shares of common stock only if they are dilutive. When participating securities exist, earnings or losses are allocated between common and participating securities under the two-class method before calculating earnings per share. For the period presented, basic and diluted net loss per share are the same as any potential shares of common stock would be anti-dilutive and the participating securities do not share in losses of the Company.

The following securities are common stock equivalents, but were excluded in the computation of diluted net loss per common stock because to do so would have been anti-dilutive:

 

 

 

June 30,

 

 

June 30,

 

 

 

2026

 

 

2025

 

Series A convertible preferred stock

 

 

 

 

 

26,398,943

 

Series B convertible preferred stock

 

 

 

 

20,745,628

 

Series C convertible preferred stock

 

 

 

 

 

22,188,673

 

Warrant to purchase Series A convertible preferred stock

 

 

 

 

 

98,749

 

Stock options outstanding

 

 

24,376,545

 

 

 

21,874,047

 

Total

 

 

24,376,545

 

 

 

91,306,040