v3.26.1
Net Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Summary of Computation of Company's Basic and Diluted Net Loss Per Share

The following table sets forth the computation of the Company’s basic and diluted net loss per share.

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

(in thousands, except share and per share amounts)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(38,533

)

 

$

(11,499

)

 

$

(77,017

)

 

$

(87,467

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Shares used in computing net loss per share

 

 

16,571,602

 

 

 

8,511,985

 

 

 

14,836,617

 

 

 

8,482,434

 

Net loss per share, basic and diluted

 

$

(2.33

)

 

$

(1.35

)

 

$

(5.19

)

 

$

(10.31

)

Summary of Common Stock Equivalents of Antidilutive Securities Excluded from Computation of Diluted Net Loss per Share

The following common stock equivalents were excluded from the computation of diluted net loss per share for the periods ended June 30, 2026, and 2025, because including them would have been antidilutive:

 

 

 

As of June 30,

 

 

 

2026

 

 

2025

 

Common stock options issued and outstanding

 

 

1,445,985

 

 

 

961,503

 

Restricted stock units issued and outstanding

 

 

410,619

 

 

 

624,808

 

Warrants to purchase common stock

 

 

12,759

 

 

 

12,759

 

Shares to be issued under employee stock purchase plan

 

 

9,049

 

 

 

40,106

 

Total

 

 

1,878,412

 

 

 

1,639,176