XML 54 R29.htm IDEA: XBRL DOCUMENT v3.25.1
Net Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
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,
20252024
Series A Preferred StockSeries B Preferred StockCommon
Stock
Series A Preferred StockSeries B Preferred StockCommon
Stock
Net loss per share, basic and diluted:
Numerator
Allocation of losses$(8,288)$(399)$(36,086)$(12,642)$(4,810)$(26,405)
Denominator
Weighted-average shares outstanding346,04516,66760,265,932437,037 166,261 36,262,662
Weighted-average pre-funded warrants outstanding— — — — — 250,000 
Number of shares used in per share computation346,04516,66760,265,932437,037 166,261 36,512,662
Net loss per share, basic and diluted$(23.95)$(23.95)$(0.60)$(28.93)$(28.93)$(0.72)
Weighted-Average Equity Instruments Excluded from Calculation of Diluted Net Loss Per Share
Three Months Ended
March 31,
20252024
Options to purchase common stock1,866,2353,200,918
Unvested restricted stock units22,62261,253
Outstanding Parapyre warrants1,532,591684,407