Annual report [Section 13 and 15(d), not S-K Item 405]

Net Loss Per Share (Tables)

v3.26.1
Net Loss Per Share (Tables)
 12 Months Ended
Dec. 31, 2025
Net Income (Loss) Per Share [Abstract]  
Schedule of Basic and Diluted Net Loss Per Share

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

 

    Year Ended
December 31,		     Year Ended
December 31,		  
    2024     2025  
Basic net loss per share            
Numerator:            
Net loss   $ (36,729 )   $ (26,555 )
Cash Dividends to Series B holders     (1,095 )    
-
  
Net loss attributable to common shares, basic and diluted     (37,824 )     (26,555 )
                 
Denominator:                
Weighted-average shares outstanding used in computing net loss per share attributable to common stockholders, basic and diluted     6,698,513       15,886,876  
Net loss per share attributable to common stockholders, basic and diluted   $ (5.65 )   $ (1.67 )
Schedule of Outstanding Shares of Potentially Dilutive Securities

The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net loss per share for the periods presented because including them would have been antidilutive:

 

    Year Ended
December 31,		     Year Ended
December 31		  
    2024     2025  
             
Options to purchase common stock     1,367,114       2,033,114  
Warrants to purchase common stock     478,419       478,419  
Restricted stock units     2,177       3,677  
Common stock issuable upon conversion of Series B-2 convertible preferred stock     300,000      
-
  
Common stock issuable upon conversion of Series A-2 Prime convertible preferred stock     1,255,145       462,245  
Warrants to purchase convertible preferred stock     16,095,817       15,818,817  
Total     19,498,672       18,796,272