7. Net Loss per Share

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Basic and diluted net loss per share is summarized in the following table:

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The Company’s potentially dilutive securities, which included stock options and RSUs, have been excluded from the computation of diluted net loss per share because including them would have an anti-dilutive effect. Therefore, the weighted average number of shares of common stock outstanding used to calculate both basic and diluted net loss per share is the same. For the three and six months ended June 30, 2026 and 2025, the basic and diluted weighted average shares outstanding included the shares of common stock issuable upon exercise of the outstanding Warrants, as there were no outstanding contingencies associated with the vesting or exercisability of the Warrants.

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The following table presents potential shares of common stock excluded from the calculation of diluted net loss per share for the six months ended June 30, 2026 and 2025. All share amounts presented in the table below represent the total number outstanding as of June 30, 2026 and 2025.

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