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Net Loss Per Share
12 Months Ended
Oct. 31, 2024
Earnings Per Share [Abstract]  
Net Loss Per Share

14. Net Loss Per Share

The following table sets forth the computation of the Company’s basic and diluted net loss per share for the periods presented, retrospectively restated to reflect the exchange of shares upon the close of the Reverse Recapitalization:

 

 

Year Ended October 31,

 

 

2024

 

 

2023

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

55,142

 

 

$

99,917

 

Deemed dividend attributable to redeemable convertible
   preferred shareholders

 

 

 

 

 

4,822

 

Net loss attributable to common shareholders, basic and
   diluted

 

$

55,142

 

 

$

104,739

 

Denominator:

 

 

 

 

 

 

Weighted-average number of common shares used in net
   loss per share, basic and diluted

 

 

37,782,346

 

 

 

692,609

 

Net loss per common share, basic and diluted

 

$

1.46

 

 

$

151.22

 

 

The Company excluded the following shares from the computation of diluted net loss per share attributable to common shareholders during the year ended October 31, 2024, and 2023 because including them would have had an anti-dilutive effect:

 

 

Year Ended October 31,

 

 

2024

 

 

2023

 

Warrants to purchase common shares

 

 

8,511,968

 

 

 

10,411,641

 

Options to purchase common shares

 

 

6,034,512

 

 

 

2,706,941

 

Total

 

 

14,546,480

 

 

 

13,118,582