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Net Loss per Share (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Summary of calculation of diluted net income (loss) per share, the numerator is adjusted for any changes For the three months ended March 31, 2026 and 2025, the Company’s potentially dilutive securities, which include stock options, RSUs, warrants and pre-funded warrants have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share.

 

 

Three Months Ended
March 31,

 

(in thousands, except per share amounts)

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

Net loss-basic

 

$

(7,609

)

 

$

(11,031

)

Net loss-diluted

 

$

(7,609

)

 

$

(11,031

)

Denominator:

 

 

 

 

 

 

Weighted-average common shares outstanding-basic

 

 

14,095,371

 

 

 

12,197,615

 

Dilutive securities

 

 

 

 

 

 

Weighted-average common shares outstanding-diluted

 

 

14,095,371

 

 

 

12,197,615

 

 

 

 

 

 

 

 

Net loss per share-basic

 

$

(0.54

)

 

$

(0.90

)

Net loss per share-diluted

 

$

(0.54

)

 

$

(0.90

)

 

Summary of computation of diluted net loss per share attributable to common stockholders

The Company excluded the following from the computation of diluted net loss per share attributable to common stockholders because including them would have had an anti-dilutive effect:

 

 

Three Months Ended
March 31,

 

 

2026

 

 

2025

 

Options to purchase common stock

 

 

2,264,082

 

 

 

1,938,015

 

Restricted stock units

 

 

599,326

 

 

 

467,150

 

Warrants to purchase common stock

 

 

18,144

 

 

 

18,144

 

Pre-funded warrants to purchase common stock

 

 

1,025,654