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Net Loss per Share (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Loss Per Common Share Attributable to Common Stockholders

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

 

Three Months Ended June 30,

 

 

Six months ended June 30,

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders

$

(18,121

)

 

$

(6,411

)

 

$

(40,790

)

 

$

(12,558

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding, basic and diluted

 

10,666,528

 

 

 

1,440,109

 

 

 

6,356,700

 

 

 

1,401,690

 

Net loss per share attributable to common stockholders, basic and diluted

$

(1.70

)

 

$

(4.45

)

 

$

(6.42

)

 

$

(8.96

)

Schedule of Potential Common Shares Excluded from Computation of Diluted Net Loss Per Share Available to Common Shareholders

For purposes of this calculation, the Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share available to common shareholders for the periods indicated because including them would have had an anti-dilutive effect:

 

 

As of June 30,

 

 

2024

 

 

2023

 

Series A convertible preferred stock

 

 

 

 

 

100,182,354

 

Series B convertible preferred stock

 

 

 

 

 

 

Options to purchase common stock

 

 

3,835,475

 

 

 

 

Unvested restricted common stock—service based

 

 

1,290,227

 

 

 

1,823,876

 

Unvested restricted common stock—performance based

 

 

546,747

 

 

 

751,786