| Loss Per Share |
20. Loss Per Share The computation of loss per share is as follows:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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2026 |
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2025 |
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2026 |
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2025 |
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(in thousands, except share and per share amounts) |
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Numerator: |
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Net loss |
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$ |
(7,104 |
) |
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$ |
(2,180 |
) |
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$ |
(17,847 |
) |
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$ |
(8,782 |
) |
Net loss attributable to common stockholders |
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$ |
(7,104 |
) |
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$ |
(2,180 |
) |
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$ |
(17,847 |
) |
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$ |
(8,782 |
) |
Denominator: |
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Weighted average common stock outstanding -
basic and diluted |
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408,871 |
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14,602 |
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279,176 |
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10,044 |
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Net loss per share attributable to common
stockholders - basic and diluted |
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$ |
(17.37 |
) |
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$ |
(149.29 |
) |
|
$ |
(63.93 |
) |
|
$ |
(874.39 |
) |
The following potentially dilutive shares were not included in the calculation of diluted shares outstanding as the effect would have been anti-dilutive:
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June 30, |
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2026 |
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2025 |
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Warrants to purchase common stock |
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38,360 |
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11,403 |
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Series A Convertible Preferred Stock conversion to common stock |
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102,842 |
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14,501 |
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Series B Convertible Preferred Stock conversion to common stock |
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0 |
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— |
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Series C Convertible Preferred Stock conversion to common stock |
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2,504 |
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|
1,064 |
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Series E Convertible Preferred Stock conversion to common stock |
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102,842 |
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LTI Preferred Stock conversion to common stock |
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— |
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3,369 |
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Notes payable conversion to common stock |
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101,864 |
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3,986 |
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Total |
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348,414 |
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34,323 |
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The Company's Series D Convertible Preferred Stock is also potentially convertible into Common Stock, however the conversion price is unknown as of June 30, 2026.
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