Net Loss Per Share (Tables)

6 Months Ended

Jun. 30, 2026

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Net Loss Per Share

The following table summarizes the computation of basic and diluted net loss per share attributable to common stockholders of the Company:


		Three Months Ended June 30,								Six Months Ended June 30,
		2026				2025				2026				2025
Numerator:
Consolidated net loss		$	(92,319	)		$	(63,778	)		$	(188,995	)		$	(123,871	)
Less: Accretion of dividends of Series C Preferred Stock			—				5,363				—				10,942
Less: Accretion of dividends of Series D-1 Preferred Stock			—				10,856				—				17,465
Less: Accretion of dividends of Series D-3 Preferred Stock			—				266				—				266
Net loss available to common stockholders		$	(92,319	)		$	(80,263	)		$	(188,995	)		$	(152,544	)
Denominator:
Weighted-average common shares outstanding – basic and diluted			161,784				13,877				160,711				13,659
Net loss per share attributable to common stockholders – basic and diluted		$	(0.57	)		$	(5.78	)		$	(1.18	)		$	(11.17	)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

A summary of the total number of securities excluded from diluted net loss per share that could be potentially dilutive in the future is as follows:


		As of June 30,
		2026				2025
Convertible Series Seed Preferred Stock			—				2,023
Convertible Series Seed-1 Preferred Stock			—				3,273
Convertible Series A Preferred Stock			—				6,005
Convertible Series B Preferred Stock			—				5,869
Convertible Series C Preferred Stock			—				11,159
Convertible Series D-1 Preferred Stock			—				20,851
Convertible Series D-3 Preferred Stock			—				551
Convertible Series M Preferred Stock			—				2,812
Series J Warrants			646				646
Common Warrants			—				1,045
Stock options			12,569				19,289
RSUs			5,160				—
Total			18,375				73,523