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Net Loss Per Share Attributable to Common Stockholders (Tables)
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Computation Of Basic And Diluted Net Loss Per Share Attributable To Common Stockholders

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share data):

 

Three Months Ended
March 31,

 

 

2025

 

 

2024

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(10,196

)

 

$

(3,407

)

Denominator:

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

4,054,696

 

 

 

1,362,481

 

Less: Weighted-average common shares subject to repurchase

 

 

(1,556

)

 

 

(49,929

)

Weighted-average shares outstanding, basic and diluted

 

 

4,053,140

 

 

 

1,312,552

 

Net loss per share attributable to common stockholders, basic and diluted:

 

$

(2.52

)

 

$

(2.60

)

Potential Dilutive Securities Excluded From Computation Of Diluted Net Loss Per Share Attributable To Common Stockholders

The potential shares of common stock that were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented because including them would have had an antidilutive effect were as follows:

 

March 31,

 

 

2025

 

 

2024

 

Redeemable convertible preferred stock, as converted

 

 

 

 

 

8,699,309

 

Outstanding options to purchase common stock

 

 

1,144,859

 

 

 

113,810

 

Unvested restricted stock awards

 

 

1,415

 

 

 

45,544

 

2024 Note *

 

 

 

 

 

810,597

 

Total

 

 

1,146,274

 

 

 

9,669,260

 

 

* As of March 31, 2024, the conversion of the 2024 Note into common stock or redeemable convertible preferred stock was dependent on the price of shares that may be issued in connection with the 2024 Note Qualified Financing. The number of shares herein is calculated based on the conversion of the 2024 Note’s outstanding principal and accrued and unpaid interest as of March 31, 2024 into the Company’s preferred stock at the price of $6.20 per share.