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Net Loss Per Share (Tables) | 9 Months Ended
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Sep. 30, 2025
Earnings Per Share [Abstract] |
Schedule of Computation 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 stock, Series A Preferred Stock, and Series B Preferred Stock (in thousands, except share and per share amounts):
| Three Months Ended September 30, |
| 2025 |  | 2024 |
| Series A Preferred Stock |  | Series B Preferred Stock |  | Common Stock |  | Series A Preferred Stock |  | Series B Preferred Stock |  | Common Stock |
Net loss per share, basic and diluted: |  |  |  |  |  |  |  |  |  |  |  |
Numerator |  |  |  |  |  |  |  |  |  |  |  |
Allocation of losses | $ | (2,066) |  |  | $ | (100) |  |  | $ | (9,017) |  |  | $ | (14,610) |  |  | $ | (704) |  |  | $ | (53,714) |  |
Denominator |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average shares outstanding | 346,045 |  | 16,667 |  | 60,414,223 |  | 346,045 |  |  | 16,667 |  |  | 50,889,443 |
Number of shares used in per share computation | 346,045 |  | 16,667 |  | 60,414,223 |  | 346,045 |  |  | 16,667 |  |  | 50,889,443 |
Net loss per share, basic and diluted | $ | (5.97) |  |  | $ | (5.97) |  |  | $ | (0.15) |  |  | $ | (42.22) |  |  | $ | (42.24) |  |  | $ | (1.06) |  |
| Nine Months Ended September 30, |
| 2025 |  | 2024 |
| Series A Preferred Stock |  | Series B Preferred Stock |  | Common Stock |  | Series A Preferred Stock |  | Series B Preferred Stock |  | Common Stock |
Net loss per share, basic and diluted: |  |  |  |  |  |  |  |  |  |  |  |
Numerator |  |  |  |  |  |  |  |  |  |  |  |
Allocation of losses | $ | (17,138) |  |  | $ | (825) |  |  | $ | (74,710) |  |  | $ | (36,733) |  |  | $ | (9,105) |  |  | $ | (105,884) |  |
Denominator |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average shares outstanding | 346,045 |  | 16,667 |  | 60,338,541 |  | 383,903 |  |  | 95,158 |  |  | 44,146,958 |
Weighted-average pre-funded warrants outstanding | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 116,788 |  |
Number of shares used in per share computation | 346,045 |  | 16,667 |  | 60,338,541 |  | 383,903 |  |  | 95,158 |  |  | 44,263,746 |
Net loss per share, basic and diluted | $ | (49.53) |  |  | $ | (49.53) |  |  | $ | (1.24) |  |  | $ | (95.68) |  |  | $ | (95.68) |  |  | $ | (2.39) |  |
Schedule of Weighted-Average Equity Instruments Excluded from Calculation of Diluted Net Loss Per Share | The following weighted-average equity instruments were excluded from the calculation of diluted net loss per share because their effect would have been anti-dilutive for the periods presented:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Options to purchase common stock | 1,170,956 |  | 4,733,609 |  | 1,267,158 |  | 4,583,260
Unvested restricted stock units | 18,068 |  | 65,925 |  | 13,978 |  | 69,503
Outstanding Parapyre warrants | — |  | 684,407 |  | — |  | 684,407

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- 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
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- Definition Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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