XML 43 R32.htm IDEA: XBRL DOCUMENT v3.24.3

Net Loss Per Share (Tables)

8 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Net Loss Per Share Attributable to Common Stockholders

Basic and diluted net loss per share attributable to stockholders were calculated as follows (in thousands, except share and per share data):

		Three Months Ended September 30, 2024												Period from February 6, 2024 (Inception) to September 30, 2024
		Loss Allocation				Weighted Average Shares Outstanding				Loss Per Share – Basic and Diluted				Loss Allocation				Weighted Average Shares Outstanding				Loss Per Share – Basic and Diluted
Common Stock		$	(21,936	)			15,013,655			$	(1.46	)		$	(47,192	)			7,765,381			$	(6.08	)
Company Series A Preferred Stock(1)			(697	)			477			$	(1,460.62	)			(1,121	)			184			$	(6,077.13	)
Company Series B Preferred Stock(2)			(5,990	)			49,191			$	(121.77	)			(9,630	)			19,015			$	(506.44	)
Net loss		$	(28,623	)										$	(57,943	)

(1) The weighted-average number of shares of as-converted Company Series A Preferred Stock used in the loss allocation was 477,196 and 184,462 for the three months ended September 30, 2024 and for the period from February 6, 2024 (inception) to September 30, 2024, respectively.

(2) The weighted-average number of shares of as-converted Company Series B Preferred Stock used in the loss allocation was 4,099,227 and 1,584,575 for the three months ended September 30, 2024 and for the period from February 6, 2024 (inception) to September 30, 2024, respectively.

Schedule of Anti-Dilutive Effect Excluded from Potential Computation of Diluted Net Loss Per Share

The potential shares of common stock that were excluded from the computation of diluted net loss per share attributable to stockholders for the periods presented because including them would have had an anti-dilutive effect were as follows:

		Three Months Ended September 30, 2024				Period from February 6, 2024 (Inception) to September 30, 2024
Outstanding employee warrants to purchase common stock			3,054,358				3,054,358
Outstanding unvested restricted stock awards			2,207,553				2,207,553
Outstanding and issued common stock options			1,287,760				1,287,760
Total			6,549,671				6,549,671

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