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Net Loss Per Share (Tables) | 3 Months Ended
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Mar. 31, 2026
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 months ended March 31, 2026 and 2025 (in thousands except per share data):
|  | Three Months Ended March 31, |
|  | 2026 |  |  | 2025 |
Net loss |  | $ | (45,650 | ) |  | $ | (26,080 | )
Net loss attributable to noncontrolling interest |  | $ | (2,380 | ) |  | $ | — |
Net loss for basic and diluted loss per share available to common stockholders |  | $ | (43,270 | ) |  | $ | (26,080 | )
Weighted average number of shares outstanding |  |  | 6,891 |  |  |  | 5,065 |
Weighted average Common Stock warrants exercisable for nominal consideration |  |  | — |  |  |  | 6,500 |
Weighted average number of shares, basic |  |  | 6,891 |  |  |  | 11,565 |
Weighted average number of shares, diluted |  |  | 6,891 |  |  |  | 11,565 |
Basic |  | $ | (6.28 | ) |  | $ | (2.26 | )
Diluted |  | $ | (6.28 | ) |  | $ | (2.26 | )
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:
|  | March 31, |  |  | March 31, |
|  | 2026 |  |  | 2025 |
Stock options |  |  | 1,494,241 |  |  |  | 1,022,353 |
Retainer Shares |  |  | 399,999 |  |  |  | 399,999 |
Public Warrants |  |  | 156,115 |  |  |  | 156,220 |
Private Warrants |  |  | 28,572 |  |  |  | 28,572 |
Shares issuable under the ESPP |  |  | 3,875 |  |  |  | 9,557 |
Shares issuable under the SIPA |  |  | 8,571 |  |  |  | 8,571 |
February 2024 BDO Firm Warrants |  |  | 108,686 |  |  |  | 108,686 |
February 2024 BDO Representative Warrants |  |  | 13,446 |  |  |  | 13,446 |
April 2024 RDO Common Warrants |  |  | — |  |  |  | 428,572 |
April 2024 RDO Placement Agent Warrants |  |  | 34,286 |  |  |  | 34,286 |
Deposit Warrants |  |  | 3,250,000 |  |  |  | 3,250,000 |
October 2024 Noteholder Warrants |  |  | 107,142 |  |  |  | 214,284 |
October 2024 Placement Agent Warrants |  |  | 104,848 |  |  |  | 104,848 |
December 2024 RDO Common Warrants |  |  | 537,298 |  |  |  | 1,642,871 |
StockBlock Warrants |  |  | 131,472 |  |  |  | 131,472 |
Shares issuable under Tranche B Notes |  |  | 329,671 |  |  |  | 1,114,770 |
Exchange Warrants |  |  | 500,000 |  |  |  | — |
September 2025 Warrants |  |  | 275,000 |  |  |  | — |
November 2025 Warrants |  |  | 1,356,594 |  |  |  | — |
November 2025 Placement Agent Warrants |  |  | 72,352 |  |  |  | — |
February 2026 Warrants |  |  | 100,000 |  |  |  | — |
Total |  |  | 9,012,168 |  |  |  | 8,668,507 |

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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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