| Schedule of Reconciliation of Numerators and Denominators of Basic and Diluted Net Loss per Share |
The following is a reconciliation of the numerators and denominators of the basic and diluted net loss per share computations for the periods presented (in thousands, except for share and per share amounts):
|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
|
Six Months Ended |
|
|
|
June 30, |
|
|
June 30, |
|
|
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
Net loss attributable to common stockholders |
|
$ |
(21,043 |
) |
|
$ |
(10,490 |
) |
|
$ |
(38,783 |
) |
|
$ |
(21,143 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Share (denominator): |
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|
|
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|
|
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|
|
|
|
Weighted average number of common shares outstanding used in basic computation |
|
|
19,089,211 |
|
|
|
843,168 |
|
|
|
10,054,267 |
|
|
|
832,224 |
|
Weighted average number of common shares outstanding used in diluted computation |
|
|
19,089,211 |
|
|
|
843,168 |
|
|
|
10,054,267 |
|
|
|
832,224 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net loss per share attributable to common stockholders |
|
|
|
|
|
|
|
|
|
|
|
|
Basic |
|
$ |
(1.10 |
) |
|
$ |
(12.44 |
) |
|
$ |
(3.86 |
) |
|
$ |
(25.41 |
) |
Diluted |
|
$ |
(1.10 |
) |
|
$ |
(12.44 |
) |
|
$ |
(3.86 |
) |
|
$ |
(25.41 |
) |
|
| Summary of Converted Securities Excluded from Diluted Per Share |
The following table summarizes the as-converted securities that were excluded from the diluted net loss per share calculation because the effect of including these potential shares would have been anti-dilutive:
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
|
Six Months Ended |
|
|
|
June 30, |
|
|
June 30, |
|
|
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
Series A redeemable convertible preferred stock |
|
|
— |
|
|
|
402,239 |
|
|
|
— |
|
|
|
402,239 |
|
Series B redeemable convertible preferred stock |
|
|
— |
|
|
|
953,488 |
|
|
|
— |
|
|
|
953,488 |
|
Series C redeemable convertible preferred stock |
|
|
— |
|
|
|
391,042 |
|
|
|
— |
|
|
|
391,042 |
|
Series D redeemable convertible preferred stock |
|
|
— |
|
|
|
1,396,784 |
|
|
|
— |
|
|
|
1,396,784 |
|
Series E redeemable convertible preferred stock |
|
|
— |
|
|
|
8,597,145 |
|
|
|
— |
|
|
|
8,597,145 |
|
Series F redeemable convertible preferred stock |
|
|
— |
|
|
|
3,545,628 |
|
|
|
— |
|
|
|
3,545,628 |
|
Redeemable convertible preferred stock warrants |
|
|
— |
|
|
|
364,390 |
|
|
|
— |
|
|
|
364,390 |
|
Common stock warrants |
|
|
29,620 |
|
|
|
— |
|
|
|
29,620 |
|
|
|
— |
|
Convertible notes payable |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
Common shares issuable upon the exercise of stock options |
|
|
7,172,475 |
|
|
|
3,214,847 |
|
|
|
7,172,475 |
|
|
|
3,214,847 |
|
Common shares issuable upon the release of restricted stock units |
|
|
179,560 |
|
|
|
— |
|
|
|
179,560 |
|
|
|
— |
|
Potentially dilutive securities |
|
|
7,381,655 |
|
|
|
18,865,563 |
|
|
|
7,381,655 |
|
|
|
18,865,563 |
|
|