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

The following table presents the computation of basic and diluted net loss per share (in thousands, except share and per share amounts):

 

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Net loss

 

$

(6,356

)

 

$

(6,204

)

 

$

(13,053

)

 

$

(12,612

)

Dividend attributable to down round feature of warrants

 

 

 

 

 

 

 

 

(97

)

 

 

 

Net loss attributable to common stockholders

 

$

(6,356

)

 

 

(6,204

)

 

 

(13,150

)

 

 

(12,612

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted net loss per share:

 

$

(5.31

)

 

$

(151.29

)

 

$

(11.19

)

 

$

(555.08

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares used in calculation:

 

 

1,196,364

 

 

 

41,008

 

 

 

1,175,450

 

 

 

22,721

 

Summary of Potentially Dilutive Shares Excluded from Calculation of Net Loss Per Share

The following table represents all potentially dilutive shares:

 

 

 

As of June 30,

 

 

 

2026

 

 

2025

 

Common warrants

 

 

730,169

 

 

 

699,168

 

Unvested RSUs

 

 

6,542

 

 

 

4

 

Niowave Additional Share Purchase Right

 

 

97,373