XML 93 R23.htm IDEA: XBRL DOCUMENT v3.25.3
Net Loss Per Share
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Net Loss Per Share Net Loss Per Share
Basic net loss per share is calculated by dividing net loss by the weighted-average number of common shares.
Diluted EPS is adjusted by the effect of dilutive securities, including options and awards under the Company’s equity compensation plans, warrants and ESPP. As a result of the Company’s net loss incurred for the three and nine months ended September 30, 2025 and 2024, all potentially dilutive instruments outstanding would have anti-dilutive effects on per-share calculations. Therefore, basic and diluted net loss per share are the same for the three and nine months ended September 30, 2025 and 2024 as reflected below.
 Three Months Ended
September 30,
Nine Months Ended
September 30,
 2025202420252024
Numerator:
Net loss
$(15,446)$(11,509)$(51,924)$(27,082)
Denominator:
Weighted-average number of common shares – basic and diluted
110,584,371 91,082,081 101,857,974 85,224,263 
Loss per common share – basic and diluted
$(0.14)$(0.13)$(0.51)$(0.32)
(a)For the three and nine months ended September 30, 2025 and 2024, outstanding stock options of 6,940,167 and 6,301,364 to purchase shares of Common Stock, respectively, were anti-dilutive.
(b)For the three and nine months ended September 30, 2025 and 2024, outstanding restricted stock units of 4,672,451 and 3,910,376 to purchase shares of Common Stock, respectively, were anti-dilutive.
(c)For the three and nine months ended September 30, 2025 and 2024, outstanding warrants of 2,360,548 and 4,624,977 to purchase shares of Common Stock, respectively, were anti-dilutive.