Net Loss Per Share (Tables)

6 Months Ended

Jun. 30, 2026

Schedule of Net Loss Per Share, Basic and Diluted

The following table sets forth the computation of the Company's net loss per share attributable to common stockholders:


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
	(in thousands, except share and per share data)				(in thousands, except share and per share data)
Net loss attributable to common stockholders	$	(19,821)	$	(21,577)	$	(32,539)	$	(59,655)
Weighted average common shares outstanding, basic and diluted	29,070,934		13,270,197		26,697,567		11,051,720
Net loss per common share, basic and diluted	$	(0.68)	$	(1.63)	$	(1.22)	$	(5.40)

Schedule of Antidilutive Securities Excluded from Computation of Net Loss Per Share

The following table discloses the securities that could potentially dilute basic net loss per share in the future that were not included in the computation of diluted net loss per share as the impact would be anti-dilutive:


	Three Months Ended June 30,		Six Months Ended June 30,
	2026	2025	2026	2025
Warrants	6,241,475	6,241,475	6,241,475	6,241,475
U.S. Bounti LLC Convertible Notes	9,804,000	—	9,804,000	—
Restricted Stock	—	—	—	9,824