v3.26.3
Net Loss Per Share Attributable to Common Stockholders (Tables)
9 Months Ended
Sep. 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
September 30,
    Nine Months Ended
September 30,
 
    2026     2025
(As Revised)
    2026     2025
(As Revised)
 
Numerator:                        
Net loss   $ (4,950 )   $ (26,090 )   $ (17,161 )   $ (31,154 )
Denominator:                                
Weighted average shares of common stock used to compute basic and diluted net loss per share     794,920       4,230       292,239       1,587  
Net loss per share attributable to common stockholders - basic and diluted:   $ (6.23 )   $ (6,167.85 )   $ (58.72 )   $ (19,630.75 )
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 September 30,  
    2026     2025  
Series A non-voting convertible preferred stock     14,708,215       —  
Related party convertible notes (1)     289,796       268  
Convertible loans payable (2)     1,636,250       19,145  
Warrants     35,670       2,337  
Options to purchase common stock     228       208  
Earnout shares (3)     387      

516

 
Total     16,670,546      

22,474

 

 

(1) Includes the assumed issuance of 189 shares and 153 shares of common stock for the conversion of Tasly Convertible Notes at $14,400.00 per share as of September 30, 2026 and 2025, respectively;
   
(2) Includes the assumed issuance of 1,636,250 shares of common stock at the conversion price of $1.61 per share for the Ascent PIPE Notes, taking 95% of the lowest closing share price in the 10 trading days preceding September 30, 2026 and the assumed issuance of 19,145 shares of common stock at the conversion price of $750.00 per share for the Ascent PIPE Notes, based on the contractual floor price of $750.00 per share as of September 30, 2025;
   
(3) As of September 30, 2026, these earnout shares exclude 129 shares allocated to Milestone III as Milestone III expired as of December 31, 2025.