Net Loss Per Share Attributable To Common Stockholders

9 Months Ended

Sep. 30, 2025

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 September 30,						Nine months ended September 30,
	2025			2024			2025			2024
Net loss and net loss attributable to common stockholders	$	(21,618	)	$	(18,142	)	$	(64,909	)	$	(46,336	)
Net loss per share attributable to common stockholders, basic and diluted	$	(0.63	)	$	(2.78	)	$	(1.93	)	$	(15.42	)
Weighted average number of common shares outstanding used in computation of net loss per common share, basic and diluted		34,198,597			6,515,616			33,688,669			3,004,382

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:


	September 30,
	2025		2024
Outstanding common stock options		4,597,701		3,573,385
Restricted stock related to early exercise of options to purchase common stock		2,514		18,039
Total		4,600,215		3,591,424