Quarterly report [Sections 13 or 15(d)]

Basic and Diluted Net Loss per Share (Tables)

v3.26.1
Basic and Diluted Net Loss per Share (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss Per Share

The following table sets forth the computation of the Company’s basic and diluted net loss per share attributable to common stockholders:

 

 

Three Months Ended March 31,

 

 

2026

 

 

2025

 

 

(In thousands, except share and per share data)

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(6,998

)

 

$

(25,014

)

Denominator:

 

 

 

 

 

 

Weighted average shares outstanding — basic and diluted

 

 

25,021,065

 

 

 

13,398,104

 

 

 

 

 

 

 

 

Net loss per share — basic and diluted

 

$

(0.28

)

 

$

(1.87

)

Schedule of Potentially Dilutive Shares Excluded from Computation of Net Loss Per Share

The following potentially dilutive shares of common stock equivalents “on an as-converted basis” were excluded from the computation of diluted net loss per share for the periods presented because including them would have had an antidilutive effect:

 

 

For the Three Months Ended March 31,

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

Common stock warrants

 

 

36,892

 

 

 

36,888

 

Common stock options

 

 

4,216

 

 

 

16,953

 

Restricted stock units

 

 

1,026,090

 

 

 

17,150

 

Total potentially dilutive common stock equivalents

 

 

1,067,198

 

 

 

70,991