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Loss Per Share

3 Months Ended

Mar. 31, 2025

5. Loss Per Share

In January 2025, the Company sold and issued the Pre-Funded Warrants (see Note 10). The shares of common stock into which the Pre-Funded Warrants may be exercised are considered outstanding from the date of issuance of the Pre-Funded Warrants for the purposes of computing basic loss per share because the shares may be issued for little or no consideration and because the Pre-Funded Warrants were fully vested and immediately exercisable upon issuance.

The following participating securities have been excluded from the computation of diluted loss per share for the periods presented because including them would have been anti-dilutive:


	Three Months Ended
	March 31, 2025		March 31, 2024
Stock options and restricted stock units issued and outstanding		10,070		11,075
Warrants to purchase common stock		2,655		3,470
Common stock issuable in connection with convertible senior notes		2,483		2,483
Total		15,208		17,028