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Net Loss Per Share (Tables) | 9 Months Ended
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Sep. 30, 2024
Earnings Per Share [Abstract] |
Schedule of the reconciliation of basic and diluted loss per share | The following table sets forth the reconciliation of basic and diluted loss per share for the three and nine months ended September 30, 2024 and 2023 (in thousands except per share data):
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  | 2023 |
Net loss |  | $ | (4,388 | ) |  | $ | (35,529 | ) |  | $ | (66,347 | ) | $ | (92,931 | )
Premium on redemption of Preferred Stock |  |  | — |  |  |  | (52,645 | ) |  |  | — |  |  | (52,645 | )
Net loss for basic and diluted loss per share available to common stockholders |  | $ | (4,388 | ) |  | $ | (88,174 | ) |  | $ | (66,347 | ) | $ | (145,576 | )
Weighted average number of shares outstanding |  |  | 117,717 |  |  |  | 139,808 |  |  |  | 109,649 |  |  | 141,358 |
Weighted average common stock warrants exercisable for nominal consideration |  |  | 9,247 |  |  |  | — |  |  |  | 8,917 |  |  | — |
Weighted average number of shares, basic and diluted |  |  | 126,964 |  |  |  | 139,808 |  |  |  | 118,566 |  |  | 141,358 |
Loss per share |  |  |  |  |  |  |  |  |  |  |
Basic and Diluted |  | $ | (0.03 | ) |  | $ | (0.63 | ) |  | $ | (0.56 | ) | $ | (1.03 | )
Schedule of potentially dilutive outstanding securities were excluded from the computation of diluted net loss per share | The following potentially dilutive outstanding securities were excluded from the computation of diluted net loss per share because their effect would have been anti-dilutive for the periods presented:
|  | September 30, |  |  | December 31, |
|  | 2024 |  |  | 2023 |
Stock options |  |  | 34,361,475 |  |  |  | 33,123,798 |
Public Warrants |  |  | 5,467,692 |  |  |  | 6,854,309 |
Firm Warrants |  |  | 5,568,153 |  |  |  | — |
RDO Common Warrants |  |  | 15,000,000 |  |  |  | — |
Placement Agent Warrants |  |  | 1,200,000 |  |  |  | — |
Deposit Warrant |  |  | 3,250,000 |  |  |  | — |
Fee Warrant |  |  | 250,000 |  |  |  | — |
Retainer Shares |  |  | 14,000,000 |  |  |  | 4,000,000 |
Private Warrants |  |  | 1,000,000 |  |  |  | 3,613,383 |
Representative Warrants |  |  | 470,588 |  |  |  | — |
Shares issuable pursuant to ESPP |  |  | 183,546 |  |  |  | 29,806 |
Shares issuable under Sponsor Interest Purchase Agreement |  |  | 300,000 |  |  |  | — |
Convertible Debentures |  |  | — |  |  |  | 546,921 |
Total |  |  | 81,051,454 |  |  |  | 48,168,217 |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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