Net Loss per Share

3 Months Ended

Mar. 31, 2025

13. Net Loss per Share

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 March 31,
	2025			2024
Numerator:
Net loss attributable to common stockholders	$	(24,063	)	$	(22,669	)
Denominator:
Weighted average common shares outstanding, basic and diluted		35,266,577			2,046,889
Net loss per share attributable to common stockholders, basic and diluted	$	(0.68	)	$	(11.07	)

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 March 31,
	2025		2024
Series A convertible preferred stock		—		100,182,354
Series B convertible preferred stock		—		89,431,030
Options to purchase common stock		5,626,022		22,932,506
Unvested performance-based restricted stock units		95,500		—
Unvested restricted stock units		13,987		—
Unvested restricted common stock—service based		796,640		12,266,917
Unvested restricted common stock—performance based		349,889		5,121,833