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

Note 9. Net Loss Per Share

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

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(4,347

)

 

$

(999

)

 

$

(8,923

)

 

$

(1,664

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares of common
   stock outstanding, basic and diluted

 

 

230,209,142

 

 

 

200,000,000

 

 

 

230,209,142

 

 

 

200,000,000

 

Net loss per share, basic and diluted

 

$

(0.02

)

 

$

(0.01

)

 

$

(0.04

)

 

$

(0.01

)

 

Basic net loss per share was the same as diluted net loss per share for all periods as the inclusion of potentially dilutive securities would have been anti-dilutive. Potentially dilutive securities that were not included in the diluted per share calculations were as follows:

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

Shares subject to outstanding common stock warrants

 

 

7,432,122

 

 

 

 

Shares subject to outstanding common stock options

 

 

50,000,000

 

 

 

40,000,000

 

Retainer shares

 

 

12,500,000

 

 

 

 

Total

 

 

69,932,122

 

 

 

40,000,000