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Net Loss Per Common Share (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Calculation of Basic and Diluted Net Loss Per Common Share

The following table represents the calculation of basic and diluted net loss per common share for the three and nine months ended September 30, 2025 and 2024, respectively (in thousands, except share and per share data):

 

 

 

For the Three Months Ended September 30,

 

 

For the Nine Months Ended September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Net loss

 

$

(32,733

)

 

$

(25,524

)

 

$

(81,144

)

 

$

(70,513

)

Weighted-average shares of common stock outstanding used to compute net loss per common share, basic and diluted

 

 

353,309,524

 

 

 

267,824,045

 

 

 

307,175,982

 

 

 

244,052,057

 

Net loss per common share, basic and diluted

 

$

(0.09

)

 

$

(0.10

)

 

$

(0.26

)

 

$

(0.29

)

Schedule of Common Stock Equivalents Outstanding Excluded from Computation of Diluted Net Loss Per Share Attributable to Common Stockholders

The following common stock equivalents outstanding as of September 30, 2025 and 2024 were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented because including them would have been anti‑dilutive:

 

 

 

September 30,
2025

 

 

September 30,
2024

 

Unvested RSUs

 

 

6,271,178

 

 

 

4,549,154

 

Stock options

 

 

25,107,302

 

 

 

16,985,006

 

SSI Warrants

 

 

316,667

 

 

 

316,667

 

Pre-Funded Warrants

 

 

 

 

 

63,223,199

 

Total

 

 

31,695,147

 

 

 

85,074,026