XML 39 R12.htm IDEA: XBRL DOCUMENT
v3.25.1

Net Loss per Share | 12 Months Ended
--- | ---
Dec. 31, 2024
Net Loss per Share |
Net Loss per Share | 5. Net Loss per Share The computation of basic EPS is based on the weighted-average number of the Company’s Common Stock outstanding. The computation of diluted EPS is based on the weighted-average number of the Company’s Common Stock outstanding and potential dilutive Common Stock. Diluted EPS is computed using the more dilutive of the treasury stock method, which reflects the potential dilution that would occur if securities or other contracts to issue Common Stock were exercised or converted to the Company’s Common Stock. Common Stock options, warrants and unvested restricted stock units were not included in dilutive EPS as their impact would be antidilutive. The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders for the years ended December 31, 2024 and 2023 (in thousands, except share and per share data): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31, | ​
​ |  | 2024 |  | 2023 | ​
Numerator: |  | ​ |  |  | ​ |  |
Net loss attributable to common stockholders, basic | ​ | $ | (18,916) | ​ | $ | (69,045) | ​
Gain from change in fair value of the Convertible Loan | ​ | ​ | (31,399) | ​ | ​ | — | ​
Gain on debt and the Convertible Loan extinguishments | ​ | ​ | (2,166) | ​ | ​ | — | ​
Net loss attributable to common stockholders, diluted | ​ | $ | (52,481) | ​ | $ | (69,045) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Denominator: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted average shares outstanding, basic | ​ | ​ | 36,160,848 | ​ | ​ | 36,075,555 | ​
Shares issuable upon the conversion of the Convertible Loan | ​ | ​ | 22,899,123 | ​ | ​ | — | ​
Weighted average common shares outstanding, diluted | ​ |  | 59,059,971 | ​ |  | 36,075,555 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net loss per share, basic | ​ | $ | (0.52) | ​ | $ | (1.91) | ​
Net loss per share, diluted | ​ | $ | (0.89) | ​ | $ | (1.91) | ​
​ The following outstanding securities as of December 31, 2024 and 2023 have been excluded from the computation of diluted weighted average shares outstanding, as they would have been anti-dilutive: ​
​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, 2024 |  | December 31, 2023 |
Outstanding stock options |  | 3,755,965 |  | 3,165,216 | ​
Unvested restricted stock units | ​ | 220,000 | ​ | 200,000 | ​
Shares issuable upon the conversion of the Convertible Loan (1) | ​ | — | ​ | 21,293,861 | ​
Outstanding warrants | ​ | 19,365,847 | ​ | 19,365,847 | ​
Total |  | 23,341,812 |  | 44,024,924 |
​ (1) The Company determined the number of shares issuable upon the conversion of the Convertible Loan as of December 2023, based on the Convertible Loan principal amount of $30.0 million, accrued and unpaid interest of $2.4 million, calculated at an annual interest rate of 8%, converted at $1.52 per share.

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 The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration