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Net Loss per Share (Tables)
6 Months Ended
Jun. 30, 2025
Net Loss per Share  
Schedule of Computation of Basic and Diluted Net Loss Per Share

Three Months Ended June 30,

Six Months Ended June 30, 

   

2025

   

2024

    

2025

  

2024

Numerator:

 

  

 

  

 

  

 

  

 

Net income (loss) attributable to common stockholders, basic

$

(16,295)

$

8,986

$

(22,826)

$

(16,035)

Change in fair value of the Convertible Loan

(23,397)

(10,372)

Net loss attributable to common stockholders, diluted

$

(16,295)

$

(14,411)

$

(22,826)

$

(26,407)

Denominator:

Weighted average shares outstanding, basic

36,193,479

36,154,521

36,189,165

36,139,873

Shares issuable upon the conversion of the Convertible Loan

22,092,105

22,092,105

Weighted average common shares outstanding, diluted

 

36,193,479

 

58,246,626

 

36,189,165

 

58,231,978

Net income (loss) per share, basic

$

(0.45)

$

0.25

$

(0.63)

$

(0.44)

Net loss per share, diluted

$

(0.45)

$

(0.25)

$

(0.63)

$

(0.45)

Schedule of Antidilutive Securities Excluded from Computation of Diluted Weighted Shares Outstanding

    

June 30, 2025

    

December 31, 2024

    

Outstanding stock options

 

5,094,273

 

3,755,965

Unvested restricted stock units

202,500

220,000

Shares issuable upon the conversion of the Convertible Loan (1)

23,692,982

Outstanding warrants

10,655,047

19,365,847

Total

 

39,644,802

 

23,341,812

 

(1) The Company determined the number of shares issuable upon the conversion of the Convertible Loan as of June 30, 2025, based on the Convertible Loan principal amount of $30.0 million, accrued and unpaid interest of $6.0 million, calculated at an annual interest rate of 8%, converted at $1.52 per share.