XML 39 R28.htm IDEA: XBRL DOCUMENT v3.25.3

Net Loss Per Share (Tables)

9 Months Ended

Sep. 30, 2025

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Net Loss Per Share

Basic and diluted net loss per share for the three and nine months ended September 30, 2025 and 2024 are calculated as follows:

			Three Months Ended September 30,
			2025						2024
Numerator:
Net loss			$	(45,496,672)					$	(25,165,478)
Denominator:
Shares used to compute net loss per share, basic and diluted
Weighted-average common shares outstanding			52,168,694						26,005,020
Weighted-average shares underlying pre-funded warrants			—						2,135,477
Weighted-average common shares outstanding used to compute basic and diluted net loss per share			52,168,694						28,140,497
Net loss per share
Basic and diluted			$	(0.87)					$	(0.89)

			Nine Months Ended September 30,
			2025						2024
Numerator:
Net loss			$	(88,710,781)					$	(87,872,447)
Denominator:
Shares used to compute net loss per share, basic and diluted
Weighted-average common shares outstanding			41,837,956						24,923,227
Weighted-average shares underlying pre-funded warrants			—						1,293,756
Weighted-average common shares outstanding used to compute basic and diluted net loss per share			41,837,956						26,216,983
Net loss per share
Basic and diluted			$	(2.12)					$	(3.35)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table summarizes potential shares of common stock that were excluded from the diluted net loss per share calculation because of their anti-dilutive effect:

			Three and Nine Months Ended September 30,
			2025						2024
Warrants to purchase common stock			38,142,859						—
Options to purchase common stock			2,004,146						1,319,769
Service-based restricted stock units			724,941						326,108
Performance-and market-based restricted stock units			92,550						83,800
Convertible preferred stock			275						275
Total			40,964,771						1,729,952

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the effect of income (loss) on an entity's diluted earnings per share.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482689/260-10-45-3

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482635/260-10-55-52

+ Details

Name:	us-gaap_ScheduleOfEarningsPerShareDilutedByCommonClassTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration