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Net Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Loss Per Share The following table shows the computation of basic and diluted net loss per share (in thousands, except share and per share data):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

   Net loss

 

$

(13,498

)

 

$

(8,666

)

 

$

(27,220

)

 

$

(29,447

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

         Weighted-average common shares outstanding, basic
            and diluted

 

 

54,256,071

 

 

 

67,585,121

 

 

 

51,029,617

 

 

 

67,524,124

 

         Weighted-average common shares outstanding under the
            pre-funded warrant, basic and diluted

 

 

21,898,000

 

 

 

 

 

 

21,173,028

 

 

 

 

    Weighted-average common shares outstanding, basic
       and diluted

 

 

76,154,071

 

 

 

67,585,121

 

 

 

72,202,645

 

 

 

67,524,124

 

Net loss per share, basic and diluted

 

$

(0.18

)

 

$

(0.13

)

 

$

(0.38

)

 

$

(0.44

)

Schedule of Antidilutive Securities Excluded from Computation of Net Loss Per Share Attributable to Common Stockholders

The following table sets forth the outstanding potentially dilutive securities, presented as of period-end, that have been excluded in the calculation of diluted net loss per share for the periods presented because to do so would be anti-dilutive:

 

 

June 30,

 

 

 

2026

 

 

2025

 

Stock options to purchase common stock

 

 

8,471,265

 

 

 

5,663,022

 

Unvested restricted stock awards and units

 

 

137,500

 

 

 

627,710

 

Shares of common stock issuable under Employee
    Stock Purchase Plan

 

 

1,316

 

 

 

 

Total potentially dilutive shares

 

 

8,610,081

 

 

 

6,290,732