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Net Loss Per Share (Tables)

9 Months Ended

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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- References

No definition available.

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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

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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

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