Earnings Per Share

3 Months Ended

Mar. 31, 2026

Earnings Per Share [Abstract]

Earnings Per Share

Note 4 – Earnings Per Share

Basic net loss per share is computed by dividing reported net loss by the weighted-average number of common shares outstanding for the reported period. In computing diluted earnings per share, common share equivalents are not considered in periods in which a net loss is reported, as the inclusion of the common share equivalents would be antidilutive. Since the Company was in a net loss for all periods presented in these consolidated financial statements, diluted net loss per share was the same as basic net loss per share.

	Three Months Ended
	March 31, 2026			March 31, 2025
Numerator:	(in thousands, except per share data)
Net loss attributable to common stockholders	$	(6,703	)	$	(2,162	)
Less: preferred dividends		(221	)		—
Net loss attributable to common shareholders		(6,924	)		(2,162	)
Denominator:
Weighted-average common shares outstanding		16,989			2,964
Net loss per common share	$	(0.41	)	$	(0.73	)

The following potential common share equivalents were excluded from the calculation of diluted net income per share because their effect would have been anti-dilutive in the period presented (in thousands):

	March 31,		December 31,
	2026		2025
Convertible preferred stock		15,514		20,782
Common Stock Warrants		25,376		26,421
Preferred Stock Warrants		247		247
Stock options		14,903		7,337
Total potential common stock excluded from net loss per share		56,040		54,787