XML 44 R36.htm IDEA: XBRL DOCUMENT v3.26.1
Net Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Income (Loss) Per Share Attributable to Common Stockholders

Basic net income (loss) and diluted net loss per share attributable to common stockholders was computed by dividing net loss by the weighted-average common shares outstanding for the period (in thousands, except share and per share data). Diluted net income per share attributable to common stockholders was computed by dividing net income by the weighted-average common shares outstanding and potentially dilutive shares for the period (in thousands, except share and per share data):

 

 

 

THREE MONTHS ENDED
MARCH 31,

 

Numerator:

 

2026

 

 

2025

 

Net income (loss)

 

$

(8,861

)

 

$

7,379

 

Denominator:

 

 

 

 

 

 

Weighted-average shares of common stock
   outstanding, basic

 

 

62,361,897

 

 

 

50,482,278

 

Net income (loss) per share, basic

 

$

(0.14

)

 

$

0.15

 

Add potentially dilutive shares:

 

 

 

 

 

 

Dilutive effect of outstanding stock options (as converted to common stock)

 

 

 

 

 

2,926,490

 

Dilutive effect of outstanding warrants for common stock

 

 

 

 

 

1,357,074

 

Weighted-average shares of common stock
   outstanding, diluted

 

 

62,361,897

 

 

 

54,765,842

 

Net income (loss) per share, diluted

 

$

(0.14

)

 

$

0.13

 

Schedule of Potential Shares of Common Stock Excluded from Computation of Diluted Net Loss Per Share

The Company excluded the following potential shares of common stock from the computation of diluted net loss per share because including them would have had an anti-dilutive effect.

 

 

AS OF MARCH 31,

 

 

 

2026

 

Outstanding warrants for common stock

 

 

7,762,350

 

Outstanding stock options (as converted to common stock)

 

 

8,443,145

 

Unvested performance stock units

 

 

300,000

 

 

 

16,505,495