Net Loss Per Share (Tables)

9 Months Ended

Sep. 30, 2025

Schedule of Computation of Net Loss Per Share and Weighted Average Shares

The computation of net loss per share and weighted average shares of the Company's common stock outstanding during the periods presented is as follows:


(Amounts in thousands, except for share and per share amounts)	Three Months Ended September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
Basic net loss per share:
Net loss	$	(39,125)	$	(54,210)	$	(125,952)	$	(147,067)
Shares used in computation:
Weighted average common shares outstanding	15,263,321		15,121,994		15,223,492		15,102,741
Weighted-average effect of dilutive securities:


Diluted weighted-average common shares outstanding	15,263,321		15,121,994		15,223,492		15,102,741
Earnings (loss) per share attributable to common stockholders:
Basic	$	(2.56)	$	(3.58)	$	(8.27)	$	(9.74)
Diluted	$	(2.56)	$	(3.58)	$	(8.27)	$	(9.74)

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

The Company excluded the following securities, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share attributable to common stockholders for the periods indicated as including them would have had an anti-dilutive effect:


	Nine Months Ended September 30,
(Amounts in thousands)	2025	2024
RSUs and Options to purchase common stock (1)	1,481	1,156
Public Warrants (1)(2)	6,075	6,075
Private Warrants (1)(2)	3,733	3,733
Sponsor locked-up shares (1)	14	14
Total	11,303	10,978

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(1)Securities have an antidilutive effect under the treasury stock method.

(2)Public and Private Warrants (as defined below) are unadjusted by the Reverse Stock Split as a holder must exercise 50 warrants to receive one share of common stock.