v3.26.1
Net Loss Per Share Attributable to Common Stockholders (Tables)
6 Months Ended
Jun. 30, 2026
Net Loss Per Share Attributable to Common Stockholders [Abstract]  
Schedule of Basic and Diluted Net Loss Per Share Attributable

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders, as adjusted for the Reverse Stock Splits (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   $ (8,755 )   $ (2,348 )   $ (12,211 )   $ (5,064 )
Denominator:                                
Weighted average shares used to compute basic and diluted net loss per share     57,676       258       37,372       258  
Net loss per share attributable to common stockholders - basic and diluted:   $ (151.80 )   $ (9,100.78 )   $ (326.74 )   $ (19,627.91 )
Schedule of Diluted Net Loss Per Share Attributable to Common Stockholders

The following outstanding shares of potentially dilutive securities, as adjusted for the recapitalization and the Reverse Stock Splits, were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented because including them would have been antidilutive:

 

    As of June 30,  
    2026     2025  
Convertible preferred stock           823  
Convertible notes payable           1,956  
Related party convertible notes payable at fair value (1)     310        
Convertible loans payable - held at fair value (2)     751,012        
Warrants     35,670        
Options to purchase common stock     245       208  
Earnout shares (3)     387        
Total     787,624       2,987  

 

(1) Includes the assumed issuance of 183 shares of common stock for the conversion of Tasly Convertible Notes at $14,400.00 per share;
(2) Includes the assumed issuance of 751,012 shares of common stock at the conversion price of $10.87 per share for the Ascent PIPE Notes, taking 95% of the lowest closing share price in the 10 trading days preceding June 30, 2026;
(3) These earnout shares exclude 129 shares allocated to Milestone III, as Milestone III expired as of December 31, 2025.