Net Loss Per Share Allocable to Common Stockholders (Tables)

9 Months Ended

Sep. 30, 2026

Schedule of Computation of Basic and Diluted Net Loss Per Share Allocable to Common Stockholders

The following table sets forth the computation of basic and diluted net loss per share allocable to common stockholders for the three and nine months ended September 30, 2026 and 2025 (in thousands, except share and per-share data):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2026		2025		2026		2025
Numerators:
Net loss	$	(11,472)	$	(35,902)	$	(34,885)	$	(37,726)








Denominator:
Weighted-average common shares outstanding - basic and diluted	30,309,295		26,002,892		28,894,967		25,962,302




Net loss per share allocable to common stockholders:
Basic and diluted	$	(0.38)	$	(1.38)	$	(1.21)	$	(1.45)

Schedule of Potential Dilutive Shares of Common Stock Excluded from the Computation of the Diluted Net Loss Per Share Allocable to Common Stockholders

The following table represents the potential dilutive shares of common stock excluded from the computation of the diluted net loss per share allocable to common stockholders for all periods presented, as the effect would have been anti-dilutive:


	Three Months Ended September 30,		Nine Months Ended September 30,
	2026	2025	2026	2025
Common stock options and restricted stock units	4,184,833	2,956,910	4,184,833	2,956,910
Warrants to purchase common stock	692,272	692,523	692,272	692,523
Series A Preferred Stock	3,268,345	4,026,346	3,268,345	4,026,346

Series B Preferred Stock	437,927	437,927	437,927	437,927
Conversion Option (See Note 5)	605,869	—	605,869	—
Total	9,189,246	8,113,706	9,189,246	8,113,706