v3.26.3
Net Loss per Share Applicable to Common Stockholders
9 Months Ended
Sep. 30, 2026
Net Loss per Share Applicable to Common Stockholders  
Net Loss per Share Applicable to Common Stockholders

9. Net Loss per Share Applicable to Common Stockholders

Basic loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding during the reporting period. Diluted loss per common share would be computed similar to basic loss per common share except that it reflects the potential dilution that could occur if dilutive securities or other obligations to issue common stock were exercised or converted into common stock. Because of the net loss from operations for each period, inclusion of such securities in the computation of loss per share would be anti-dilutive and thus they are excluded. Potentially dilutive weighted average common shares include common stock potentially issuable under the Company’s convertible notes and preferred stock, warrants and vested and unvested stock options.

The following securities were not included in the diluted net loss per share calculation because their effect was anti-dilutive as of the periods presented (in thousands):

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For the nine months ended

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September 30, 

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2026

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2025

Series C convertible preferred stock

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15,940

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20,454

Common stock options

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291,030

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317,268

Common stock warrants - equity classified

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100,619

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92,891

Convertible notes and accrued interest

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263,846

 

198,307

Total

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671,435

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628,920

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