Net Loss per Share

6 Months Ended

Jun. 30, 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 June 30,						Six Months Ended June 30,
	2025			2024			2025			2024
Numerator:
Net loss attributable to common stockholders	$	(26,732	)	$	(18,121	)	$	(50,795	)	$	(40,790	)
Denominator:
Weighted average common shares outstanding, basic and diluted		35,444,635			10,666,528			35,356,098			6,356,700
Net loss per share attributable to common stockholders, basic and diluted	$	(0.75	)	$	(1.70	)	$	(1.44	)	$	(6.42	)

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 June 30,
	2025	2024
Options to purchase common stock	6,118,379	3,835,475
Unvested performance-based restricted stock units	95,500	—
Unvested restricted stock units	13,987	—
Unvested restricted common stock—service based	670,440	1,290,227
Unvested restricted common stock—performance based	304,253	546,747