Net Loss Per Share

12 Months Ended

Dec. 31, 2024

15. Net Loss Per Share

The Company calculates net loss per share of Class A and Class B common stock using the two-class method. For periods in which the Company reports a net loss, all potentially dilutive shares are anti-dilutive and are therefore excluded from the calculation of diluted net loss per share. For the years ended December 31, 2024 and 2023, the Company reported net losses and as such, basic and diluted net loss per share are the same.

As the liquidation and dividend rights are identical for Class A and Class B common shares, the undistributed earnings are allocated on a proportionate basis and the resulting amount per share for Class A and Class B common stock was the same for the years ended December 31, 2024 and 2023.

The Company excluded the following potentially dilutive securities, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share for the periods indicated because their impact would have been anti-dilutive:


	December 31,
	2024		2023
Warrants to purchase Class A common stock		2,646,247		2,775,978
Options to purchase Class A common stock		6,113,155		7,251,663
Restricted stock units outstanding		1,631,162		2,692,459
Total		10,390,564		12,720,100