Net Loss Per Share

12 Months Ended

Oct. 31, 2025

11. Net Loss Per Share

The following table sets forth the computation of the Company’s basic and diluted net loss per share for the periods presented, retrospectively restated to reflect the exchange of shares upon the close of the reverse recapitalization:


	Year Ended October 31,
	2025		2024
Numerator:
Net loss attributable to common shareholders, basic and diluted	$	117,302	$	55,142
Denominator:
Weighted-average number of common shares used in net loss per share, basic and diluted		51,119,479		37,782,346
Net loss per common share, basic and diluted	$	2.29	$	1.46

The Company excluded the following shares from the computation of diluted net loss per share attributable to common shareholders during the year ended October 31, 2025, and 2024 because including them would have had an anti-dilutive effect:


	Year Ended October 31,
	2025		2024
Warrants to purchase common shares		8,511,968		8,511,968
Options to purchase common shares		9,033,298		6,034,512
Total		17,545,266		14,546,480