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Net Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Loss Per Share

The following tables set forth the computation of basic and diluted net loss per share of Common Stock, Series A Preferred Stock, and Series B Preferred Stock (in thousands, except share and per share amounts):

 

 

 

Three Months Ended March 31, 2025

 

 

Three Months Ended March 31, 2024 (Revised)

 

 

 

Series A Preferred Stock

 

 

Series B Preferred Stock

 

 

Common Stock

 

 

Series A Preferred Stock

 

 

Series B Preferred Stock

 

 

Common Stock

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allocated net loss

 

$

(8,909

)

 

$

(3,605

)

 

$

(59,472

)

 

$

(9,048

)

 

$

(3,222

)

 

$

(46,078

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, basic and diluted

 

 

67,892

 

 

 

6,868

 

 

 

113,307,940

 

 

 

74,465

 

 

 

6,630

 

 

 

94,804,659

 

Net loss per share, basic and diluted

 

$

(131.22

)

 

$

(524.90

)

 

$

(0.52

)

 

$

(121.51

)

 

$

(485.97

)

 

$

(0.49

)

Summary of Potential Dilutive Securities

 

 

March 31,

 

 

 

2025

 

 

2024

 

Stock options to purchase common stock

 

 

26,429,546

 

 

 

19,824,593

 

Performance-based restricted stock units subject to vesting

 

 

3,029,000

 

 

 

2,500,000

 

Time-based restricted stock units subject to vesting

 

 

80,000

 

 

 

80,000

 

 

 

 

29,538,546

 

 

 

22,404,593