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Net Loss Per Share
3 Months Ended
Mar. 31, 2025
Net Loss Per Share  
Net Loss Per Share

11.Net Loss Per Share

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

Three Months Ended March 31,

    

2025

    

2024

Numerator:

Net loss attributable to common stockholders

$

(33,573)

$

(27,800)

Denominator:

Weighted-average common stock outstanding - basic and diluted

41,800,802

1,554,087

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

$

(0.80)

$

(17.89)

The Company’s potentially dilutive securities, which include convertible preferred stock, restricted stock and stock options, have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share. 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 Company excluded the following shares from the computation of diluted net loss per share attributable to common stockholders as of March 31, 2025 and 2024 because including them would have had an anti-dilutive effect:

March 31,

2025

2024

Convertible preferred stock

100,617,681

Unvested restricted stock

3,767

Options to purchase common stock

8,670,569

2,403,183