Net Loss Per Share (Tables)

6 Months Ended

Jun. 30, 2024

Net Loss Per Share

Schedule of basic and diluted net loss per share attributable to common unitholders

Basic and diluted net loss per share attributable to common stockholders was calculated as follows (in thousands, except share and per share data):

	THREE MONTHS ENDED JUNE 30,						SIX MONTHS ENDED JUNE 30,
	2024			2023			2024			2023
Numerator:
Net loss	$	(33,816	)	$	(18,885	)	$	(65,910	)	$	(31,410	)
Net loss attributable to common stockholders, basic and diluted	$	(33,816	)	$	(18,885	)	$	(65,910	)	$	(31,410	)
Denominator:
Weighted average shares of common stock outstanding, basic and diluted		56,515,003			5,000,000			53,352,406			5,000,000
Net loss per share attributable to common stockholders, basic and diluted	$	(0.60	)	$	(3.78	)	$	(1.24	)	$	(6.28	)

Schedule of potential common units excluded from calculation of diluted net loss per share attributable to common unitholders

The following potential common shares, presented based on amounts outstanding at period end, were excluded from the calculation of diluted net loss per share attributable to common stockholders for the period indicated because including them would have been anti-dilutive:

	THREE MONTHS ENDED JUNE 30,				SIX MONTHS ENDED JUNE 30,
	2024		2023		2024		2023
Series A Preferred Units		—		20,000,000		—		20,000,000
Series B Preferred Units		—		45,089,212		—		45,089,212
Vested Incentive Units		—		2,481,543		—		2,481,543
Unvested Incentive Units		—		11,788,732		—		11,788,732
Stock options		2,973,471		—		2,973,471		—
Unvested restricted common stock		1,804,749		—		1,804,749		—
Unvested restricted stock units		126,101		—		126,101		—
Total		4,904,321		79,359,487		4,904,321		79,359,487