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

Note 15. Net Loss Per Share

Basic net loss per share is computed by dividing net loss by the weighted-average number of shares of common stock outstanding during the period. Diluted net loss per share is computed by giving effect to all potentially dilutive common stock equivalents to the extent they are dilutive. For purposes of this calculation, stock options, restricted stock units, and employee stock purchase rights, are considered to be common stock equivalents but have been excluded from the calculation of diluted net loss per share as their effect is anti-dilutive for all periods presented.

The following table sets forth the computation of basic and diluted net loss per share (in thousands, except share and per share data):

 

 

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Net loss

 

$

(3,170

)

 

$

(3,570

)

 

$

(7,725

)

 

$

(8,215

)

Weighted average shares used in computing net loss per share—basic and diluted

 

 

53,634,826

 

 

 

53,448,736

 

 

 

53,614,671

 

 

 

53,435,210

 

Net loss per share—basic and diluted

 

$

(0.06

)

 

$

(0.07

)

 

$

(0.14

)

 

$

(0.15

)

The following is a summary of the common stock equivalents for the securities outstanding during the respective periods that have been excluded from the computation of diluted net loss per common share, as their effect would be anti-dilutive:

 

 

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Equity-based compensation

 

 

6,141,585

 

 

 

5,001,040

 

 

 

5,877,004

 

 

 

4,714,740