Net Loss Per Share of Common Stock (Tables)

9 Months Ended

Sep. 30, 2025

Earnings Per Share [Abstract]

Schedule of Computation Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted net loss per share for the three and nine months ended September 30, 2025 and 2024 (in thousands, except share and per share amounts). For purposes of earnings per share, the Series B Convertible Preferred shares have the same characteristics as common stock and have no liquidation or other material preferential rights over common stock and accordingly, have been considered as a second class of common stock in the computation of net loss per share regardless of their legal form. Losses are allocated between the common shares and the Series

B Convertible Preferred Stock on a pro rata basis as they share equally in losses and residual net assets on an as-converted basis.

	Three months ended September 30,				Nine months ended September 30,
	2025		2024		2025		2024
Net loss attributable to common shareholders— basic and diluted	(20,051)		(12,970)		(50,140)		(40,128)
Weighted shares used in calculating net loss per common share — basic and diluted	304,003,247		278,171,593		296,066,314		264,303,494
Net loss per share attributable to common shareholders — basic and diluted	$	(0.07)	$	(0.05)	$	(0.17)	$	(0.15)
Net loss attributable to Series B Convertible Preferred shareholders — basic and diluted	—		—		—		(46)
Weighted shares used in calculating net loss per Series B Convertible Preferred Stock — basic and diluted	—		—		—		54,745
Net loss per share attributable to Series B Convertible Preferred shareholders — basic and diluted	—		—		—		(0.84)

Schedule of Potentially Dilutive Securities Excluded from Computation of Earnings Per Share

The following potentially dilutive securities have been excluded from the computation of diluted weighted average shares outstanding, as their inclusion would have been antidilutive:

	September 30,
	2025	2024
Stock options to purchase common stock	23,898,280	16,164,811
RSUs	917,529	1,971,952
PSUs	4,186,797	872,352
Warrants	20,628,664	628,725
Total	49,631,270	19,637,840