The computation of basic EPS is based on the Company’s weighted average shares outstanding. No shares of Series D Preferred Stock, Series A Preferred Stock, or Series A1 Preferred Stock outstanding as of June 30, 2026 or 2025 were included in the computation of diluted EPS because they had no dilutive effect. Outstanding Series A Preferred Warrants were not included in the computation of diluted EPS for the three and six months ended June 30, 2025 because their impact was either anti-dilutive or such warrants were not exercisable during such periods (Note 12). As of March 31, 2025, all of the Series A Preferred Warrants had expired.

EPS for the year-to-date period may differ from the sum of quarterly EPS amounts due to the required method for computing EPS in the respective periods. In addition, EPS is calculated independently for each component and may not be additive due to rounding.

The following table reconciles the numerator and denominator used in computing the Company’s basic and diluted per-share amounts for net loss attributable to common stockholders for the three and six months ended June 30, 2026 and 2025 (in thousands, except per share amounts):


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025

Numerator:
Net loss attributable to common stockholders	$	(10,958)	$	(14,279)	$	(45,653)	$	(26,177)
Redeemable Preferred Stock dividends declared on dilutive shares	—		—		—		—
Diluted net loss attributable to common stockholders	$	(10,958)	$	(14,279)	$	(45,653)	$	(26,177)

Denominator:
Basic weighted average shares of Common Stock outstanding	2,722		8		1,613		7
Effect of dilutive securities—contingently issuable shares	—		—		—		—
Diluted weighted average shares and common stock equivalents outstanding	2,722		8		1,613		7

Net loss attributable to common stockholders per share:
Basic	$	(4.03)	$	(1,784.88)	$	(28.30)	$	(3,739.57)
Diluted	$	(4.03)	$	(1,784.88)	$	(28.30)	$	(3,739.57)