v3.26.1
Organization and Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Schedule of Basic and Diluted Net Income Loss Per Share

The following table sets forth the computation of basic and diluted net income (loss) per share (in thousands, except share and per share data):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2026

 

2025

 

 

2026

 

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

Consolidated net income (loss)

$

452

 

$

(18,711

)

 

$

(5,892

)

$

(34,045

)

Denominator:

 

 

 

 

 

 

 

 

 

Denominator for basic net income (loss) per share - weighted-average common stock outstanding

 

1,660,586

 

 

1,170,087

 

 

 

1,581,554

 

 

1,167,550

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

RSUs

 

1,123

 

 

 

 

 

 

 

 

Denominator for diluted net income (loss) per share - adjusted weighted-average common stock outstanding

 

1,661,709

 

 

1,170,087

 

 

 

1,581,554

 

 

1,167,550

 

Basic net income (loss) per share

$

0.27

 

$

(15.99

)

 

$

(3.73

)

$

(29.16

)

Diluted net income (loss) per share

$

0.27

 

$

(15.99

)

 

$

(3.73

)

$

(29.16

)

Schedule of Anti-dilutive Securities Excluded from Calculation of Diluted Net Loss Per Share

Potentially dilutive securities not included in the calculation of diluted net income (loss) per common share because to do so would be anti-dilutive are as follows (in common stock equivalents):

 

 

As of June 30,

 

 

 

2026

 

 

2025

 

Common stock warrants

 

 

193,581

 

 

 

193,581

 

Common stock options

 

 

114,059

 

 

 

118,249

 

Restricted stock units

 

 

57,404

 

 

 

52,130

 

ESPP shares

 

 

380

 

 

 

1,374

 

Total

 

 

365,424

 

 

 

365,334