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Net Loss Per Share Attributable To Common Stockholders
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Net Loss Per Share Attributable To Common Stockholders
14.
Net loss per share attributable to common stockholders

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 (in thousands except share and per share amounts).

 

 

 

Three months ended
March 31,

 

 

 

2025

 

 

2024

 

Net loss and net loss attributable to common stockholders

 

 

$

(23,880

)

 

$

(12,337

)

Net loss per share attributable to common stockholders, basic and diluted

 

 

$

(0.71

)

 

$

(10.26

)

Weighted average number of common shares outstanding used in computation
   of net loss per common share, basic and diluted

 

 

 

33,412,386

 

 

 

1,202,396

 

 

The Company’s potential dilutive securities, which include convertible preferred stock, restricted stock related to early exercise of common stock options, restricted stock related to unvested founder shares and outstanding common stock options, have been excluded from the computation of diluted net loss per share as the effect would be antidilutive. Therefore, the weighted average number of common shares outstanding used to calculate both basic and diluted net loss per share attributable to common stockholders is the same. The potential dilutive securities included in the table below, presented on an as converted basis, were excluded from the calculation of net loss per share due to their anti-dilutive effect:

 

 

March 31,

 

 

2025

 

 

2024

 

Series A Convertible Preferred Stock (as converted to common stock)

 

 

 

 

 

4,458,324

 

Series B Convertible Preferred Stock (as converted to common stock)

 

 

 

 

 

10,750,183

 

Outstanding common stock options

 

 

4,297,410

 

 

 

2,725,051

 

Restricted stock related to early exercise of options to purchase common stock

 

 

8,145

 

 

 

57,883

 

Total

 

 

4,305,555

 

 

 

17,991,441