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

13. Net Loss per Share

Basic and diluted net loss per share attributable to common stockholders was calculated as follows:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(6,375

)

 

$

(6,822

)

 

$

(12,213

)

 

$

(12,323

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding—basic and diluted

 

 

67,084,661

 

 

 

24,187,536

 

 

 

48,821,118

 

 

 

23,057,920

 

Net loss per share attributable to common stockholders—basic and diluted

 

$

(0.10

)

 

$

(0.28

)

 

$

(0.25

)

 

$

(0.53

)

As part of the April 2025 Transactions, the Pre-Funded Warrants to purchase an aggregate of 2,251,695 shares of common stock at an exercise price of $0.001 per share are included within the denominator for basic net loss per share purposes and considered outstanding as of the date of issuance.

The Company’s potential dilutive securities, which include stock options as of June 30, 2026 and 2025, have been excluded from the computation of diluted net loss per share attributable to common stockholders whenever the effect of including them would be to reduce the net loss per share. In periods where there is a net loss, the weighted average number of shares of common stock outstanding used to calculate both basic and diluted net loss per share attributable to common stockholders is the same. The following potential shares of common stock, presented based on amounts outstanding at each period end, were excluded from the calculation of diluted net loss per share attributable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect:

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

Options to purchase common stock

 

 

3,545,997

 

 

 

3,065,029

 

Warrants to issue shares of common stock

 

 

11,346,839

 

 

 

6,616,499

 

Series X Preferred Stock issued and outstanding, as converted

 

 

12,232,000

 

 

 

12,232,000

 

Total

 

 

27,124,836

 

 

 

21,913,528