| Schedule of Basic and Diluted Net Loss Per Share |
Basic and diluted net loss per share for the three and six months ended June 30, 2026 and 2025 are calculated as follows: | | | | | | | | | | | | | | | Three Months Ended June 30, | | | | 2026 | | 2025 | | | | Numerator: | | | | | | | Net loss | $ | (6,012,458) | | | $ | (23,519,412) | | | | | Denominator: | | | | | | | Shares used to compute net loss per share, basic and diluted | | | | | | | Weighted-average common shares outstanding | 81,619,113 | | | 36,694,576 | | | | | Weighted-average shares underlying pre-funded warrants | — | | | 2,135,477 | | | | | Weighted-average common shares outstanding used to compute basic and diluted net loss per share | 81,619,113 | | | 38,830,053 | | | | | | | | | | | Net loss per share | | | | | | | Basic and diluted | $ | (0.07) | | | $ | (0.61) | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, | | | | 2026 | | 2025 | | | | Numerator: | | | | | | | Net loss | $ | (25,695,256) | | | $ | (43,214,109) | | | | | | | | | | | | | | | | | Denominator: | | | | | | | Shares used to compute net loss per share, basic and diluted | | | | | | | Weighted-average common shares outstanding | 75,395,090 | | | 36,586,974 | | | | | Weighted-average shares underlying pre-funded warrants | — | | | 2,135,477 | | | | | Weighted-average common shares outstanding used to compute basic net loss per share | 75,395,090 | | | 38,722,451 | | | | | | | | | | | | | | | | | | | | | | | Net loss per share | | | | | | | Basic and diluted | $ | (0.34) | | | $ | (1.12) | | | | | | | | | | | | | | | |
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| Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share |
The following table summarizes potential shares of common stock that were excluded from the diluted net loss per share calculation because of their anti-dilutive effect: | | | | | | | | | | | | | | | Three and Six Months Ended June 30, | | | | 2026 | | 2025 | | | | Warrants to purchase common stock | 49,285,715 | | | 10,000,000 | | | | | Options to purchase common stock | 3,706,939 | | | 2,010,580 | | | | | Service-based restricted stock units | 1,719,210 | | | 733,551 | | | | Performance-and market-based restricted stock units | 67,410 | | | 128,800 | | | | | Convertible preferred stock | 275 | | | 275 | | | | | | | | | | | | | | | | | | | | | | | Total | 54,779,549 | | | 12,873,206 | | | |
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