Net Loss Per Share (as restated) (Tables)

3 Months Ended

Mar. 31, 2024

Reconciliation of Basic and Diluted Net Loss Per Share

The following table sets 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,
	2024						2023
	Series A Preferred Stock		Series B Preferred Stock		Common Stock		Series A Preferred Stock		Series B Preferred Stock		Common Stock
Net loss per share, basic and diluted:
Numerator
Allocation of losses	$	(12,642)	$	(4,810)	$	(26,405)	$	—	$	—	$	(18,422)
Denominator
Weighted-average shares outstanding	437,037		166,261		36,262,662		—		—		2,614,843
Weighted-average pre-funded warrants outstanding	—		—		250,000		—		—		1,155,663
Number of shares used in per share computation	437,037		166,261		36,512,662		—		—		3,770,506
Net loss per share, basic and diluted	$	(28.93)	$	(28.93)	$	(0.72)	$	—	$	—	$	(4.89)

Weighted-Average Equity Instruments Excluded from Calculation of Diluted Net Loss Per Share

The following weighted-average equity instruments were excluded from the calculation of diluted net loss per share because their effect would have been anti-dilutive for the periods presented:


	Three Months Ended March 31,
	2024	2023
Options to purchase common stock	3,200,918	459,425
Unvested restricted stock units	61,253	766
Outstanding Parapyre warrants	684,407	—