XML 42 R35.htm IDEA: XBRL DOCUMENT
v3.25.3

Net Loss Per Share (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
Earnings Per Share [Abstract] |
Schedule of Computation of Basic and Diluted Net Loss Per Share | The following table summarizes the computation of basic and diluted net loss per share attributable to common stockholders of the Company for the three months ended September 30, 2025 and 2024, and the nine months ended September 30, 2025 and 2024:
|  | For the Three Months Ended September 30, |  |  | For the Nine Months Ended September 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Consolidated net loss |  | $ | (133,412 | ) |  | $ | (40,790 | ) |  | $ | (257,283 | ) |  | $ | (147,014 | )
Less: Accretion of dividends of Series C Preferred Stock |  |  | 2,298 |  |  |  | 5,354 |  |  |  | 13,240 |  |  |  | 15,869 |
Less: Accretion of dividends of Series D-1 Preferred Stock |  |  | 4,524 |  |  |  | — |  |  |  | 21,989 |  |  |  | — |
Less: Accretion of dividends of Series D-3 Preferred Stock |  |  | 128 |  |  |  | — |  |  |  | 394 |  |  |  | — |
Net loss available to common stockholders |  | $ | (140,362 | ) |  | $ | (46,144 | ) |  | $ | (292,906 | ) |  | $ | (162,883 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average common shares outstanding – basic and diluted |  |  | 93,849 |  |  |  | 12,924 |  |  |  | 40,389 |  |  |  | 12,728 |
Net loss per share attributable to common stockholders – basic and diluted |  | $ | (1.50 | ) |  | $ | (3.57 | ) |  | $ | (7.25 | ) |  | $ | (12.80 | )
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share | A summary of the total number of securities excluded from diluted net loss per share that could be potentially dilutive in the future is as follows:
|  | September 30, 2025 |  |  | September 30, 2024 |
Convertible Series Seed Preferred Stock |  |  | — |  |  |  | 2,023 |
Convertible Series Seed-1 Preferred Stock |  |  | — |  |  |  | 3,273 |
Convertible Series A Preferred Stock |  |  | — |  |  |  | 6,005 |
Convertible Series B Preferred Stock |  |  | — |  |  |  | 5,869 |
Convertible Series C Preferred Stock |  |  | — |  |  |  | 11,159 |
Convertible Series M Preferred Stock |  |  | — |  |  |  | 2,812 |
Series J Warrants |  |  | 646 |  |  |  | 646 |
Stock options |  |  | 15,500 |  |  |  | 14,125 |
Restricted stock units |  |  | 2,959 |  |  |  | — |
Total |  |  | 19,105 |  |  |  | 45,912 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration