
	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Numerator:
Net loss – basic and diluted	$	(7,481)	$	(4,625)	$	(14,514)	$	(10,000)
Denominator:
Weighted-average number of shares of common stock outstanding – basic and diluted	49,937,525		2,292,230		48,704,069		2,225,301
Net loss per share – basic and diluted	$	(0.15)	$	(2.02)	$	(0.30)	$	(4.49)

Basic net loss per share is the same as diluted net loss per share as the inclusion of potential common shares outstanding would have been anti-dilutive. The Company's convertible preferred stock Series constitute participating securities; however, as a result of the net loss position, they are excluded from the calculation of basic net loss per share.

Potentially dilutive securities that were not included in the preceding calculations because they would be anti-dilutive were as follows.


	Three Months Ended June 30,		Six Months Ended June 30,
	2026	2025	2026	2025
Convertible preferred stock (all series)	—	38,665,583	—	38,665,583
Warrants on common stock	168,898	—	168,898	—
Options on common stock	2,619,994	2,152,354	2,326,204	2,164,030
Restricted Stock Units	24,137	—	13,878	—
Total	2,813,029	40,817,937	2,508,980	40,829,613