v3.26.1
Net Loss per Share
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Net Loss per Share

Note 9. Net Loss per Share

The computation of basic net loss per share is based on the weighted-average number of shares of common stock outstanding during each period. The computation of diluted net loss per share is based on the weighted-average number

of shares outstanding during the period plus, when their effect is dilutive, incremental shares consisting of shares subject to stock options, restricted stock units, employee stock purchase plan purchase rights and warrants.

The following table summarizes the computation of basic and diluted net 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:

 

 

 

 

 

 

 

 

 

 

 

Net loss

$

(4,751

)

 

$

(3,120

)

 

$

(11,756

)

 

$

(4,604

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding, basic and diluted

 

13,106,795

 

 

 

12,712,191

 

 

 

12,941,651

 

 

 

12,680,456

 

Net loss per share, basic and diluted

$

(0.37

)

 

$

(0.24

)

 

$

(0.91

)

 

$

(0.36

)

The following potentially dilutive shares outstanding at the end of the periods presented were excluded in the calculation of diluted net loss per share as the effect would have been anti-dilutive:

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Options to purchase common stock

 

1,654,591

 

 

 

1,772,338

 

 

 

1,654,591

 

 

 

1,772,338

 

Unvested restricted stock units

 

4,371,539

 

 

 

2,592,981

 

 

 

4,371,539

 

 

 

2,592,981

 

Estimated number of shares issuable under 2017 ESPP

 

50,537

 

 

 

20,152

 

 

 

50,537

 

 

 

20,152

 

Total

 

6,076,667

 

 

 

4,385,471

 

 

 

6,076,667

 

 

 

4,385,471