XML 59 R23.htm IDEA: XBRL DOCUMENT v3.25.1
Net Loss Per Share
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Net Loss Per Share Net Loss Per Share
The Company has reported losses since inception and has computed basic net loss per share attributable to common stockholders by dividing net loss attributable to common stockholders by the weighted-average number of shares of common stock and pre-funded warrants outstanding for the period, without consideration for potentially dilutive securities. The Company computes diluted net loss per share of common stock after giving consideration to all potentially dilutive shares of common stock, including options to purchase common stock and preferred stock outstanding during the period determined using the treasury-stock and if-converted methods, except where the effect of including such securities would be antidilutive. Because the Company has reported net losses since inception, these potential shares of common stock and preferred stock have been anti-dilutive and basic and diluted loss per share were the same for all periods presented.
Basic and diluted net loss per share attributable to common stockholders was calculated for the years ended December 31, 2024 and 2023 as follows (in thousands, except share and per share data):
Year Ended December 31,
20242023
Numerator:
Net loss$(51,898)$(35,195)
Denominator:
Weighted-average shares used in computing net loss per share, basic and diluted
12,202,9965,056,225
Net loss per share, basic and diluted$(4.25)$(6.96)
The table below provides potentially dilutive securities not included in the calculation of the diluted net loss per share because to do so would be anti-dilutive:
December 31,
20242023
Shares issuable upon exercise of stock options
1,890,9321,305,924
Shares issuable upon the exercise of warrants
2,448,764148,764
Unvested common stock—1,933
Total
4,339,6961,456,621