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Income (loss) per share
12 Months Ended
Dec. 31, 2025
Earnings per share [abstract]  
Income (loss) per share Income (loss) per share
Basic losses per share is calculated by dividing income (loss) attributable to equity holders of the Group by the weighted-
average number of outstanding ordinary shares for the year.
Diluted losses per share are calculated by adjusting the weighted average number of ordinary outstanding shares to assume
conversion of all dilutive potential ordinary shares.
(amounts in thousands of euros, except share data)
BASIC AND DILUTED LOSS PER SHARE
YEAR ENDED
DECEMBER 31,
2023
YEAR ENDED
DECEMBER 31,
2024
YEAR ENDED
DECEMBER 31,
2025
Weighted average number of outstanding shares
43,066,012
63,046,350
69,527,315
Net loss for the period
(147,740)
(176,242)
(336,102)
Basic and diluted loss per share (€/share)
(3.43)
(2.80)
(4.83)
Potential dilutive instruments (BCEs, BSAs, AGAs, BSA Kreos 1, OCEANE, Kreos/Claret BSA, Kreos/Claret OCABSA and
Height notes) have been excluded from the computation of diluted weighted-average shares outstanding because such instruments
had an antidilutive impact due to the losses reported. As of December 31, 2023, 2024 and 2025, the number of potential dilutive
instruments were 28,754,280, 29,570,132 and 8,857,084 respectively, giving rights to a maximum number of shares to be issued of
6,510,658, 6,760,392 and 8,857,084 respectively.