Net Loss Per Common Share (Tables)

9 Months Ended

Sep. 30, 2025

Earnings Per Share [Abstract]

Schedule of Net Loss Per Common Share, Basic and Diluted

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
Numerator:
Net loss	$	(21,733)	$	(25,590)	$	(64,362)	$	(73,308)
Denominator:
Weighted average shares used to compute basic and diluted net loss per share	57,976,375		47,684,363		54,997,009		45,287,763
Net loss per common share—basic and diluted	$	(0.37)	$	(0.54)	$	(1.17)	$	(1.62)

Schedule of Antidilutive Securities Excluded from Computation of Net Loss Per Common Share

The following outstanding shares of potentially dilutive securities 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 antidilutive:

	September 30,
	2025	2024
Options to purchase common stock	1,710,622	1,774,234
Public and private common stock warrants(1)	4,871,960	5,233,635
Restricted Stock Units	4,669,259	3,571,919
ESPP shares pending issuance	322,375	679,905
Restricted Stock Awards	—	724,935
Total	11,574,216	11,984,628

(1)Warrants to purchase shares of the Company’s common stock assumed by the Company in connection with the Velodyne Merger expired on September 29, 2025.