Net Loss Per Share

12 Months Ended

Dec. 31, 2024

Note 14. Net Loss Per Share

Basic net loss per share is computed by dividing net loss by the weighted-average number of shares of common stock outstanding during the period. Diluted net loss per share is computed by giving effect to all potentially dilutive common stock equivalents to the extent they are dilutive. For purposes of this calculation, stock options, restricted stock units, and employee stock purchase rights are considered to be common stock equivalents but have been excluded from the calculation of diluted net loss per share as their effect is anti-dilutive for all periods presented.

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


	For the Year Ended December 31,
	2024			2023
Net loss	$	(26,745	)	$	(36,780	)
Weighted average shares used in computing net loss per share—basic and diluted		46,745,905			31,819,776
Net loss per share—basic and diluted	$	(0.57	)	$	(1.16	)

The following is a summary of the common stock equivalents for the securities outstanding during the respective periods that have been excluded from the computation of diluted net loss per common share, as their effect would be anti-dilutive:


	For the Year Ended December 31,
	2024		2023
Equity-based compensation		3,941,878		4,009,699