XML 37 R25.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Net Loss Attributable to Common Stockholders per Share (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Earnings Per Share [Abstract] |
Schedule of Antidilutive Securities Excluded from Computation of (Loss) Income per Share | For purposes of the diluted net loss attributable to common stockholders per share calculation, outstanding stock options, unvested RSAs, unvested RSUs, conversion option derivative under the K2HV Loan Agreement, and warrants to purchase common stock are considered to be potentially dilutive securities, however the following outstanding shares of common stock equivalents were excluded from the calculation of diluted net loss attributable to common stockholders per share because their effect would be anti-dilutive:
| June 30,
| 2024 |  | 2023
Outstanding stock options | 7,510,033 |  |  | 6,745,934 |
Unvested RSUs | 150,000 |  |  | 316,500 |
Warrants to purchase common stock | 58,904 |  |  | 58,904 |
Common stock to be issued under the 2021 ESPP | 36,767 |  |  | 18,366 |
Total | 7,755,704 |  |  | 7,139,704 |
Schedule of Calculation of Basic and Diluted Net (Loss) Income per Share |
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Numerator |  |  |  |  |  |  |
Net loss | $ | (17,249) |  |  | $ | (5,098) |  |  | $ | (33,442) |  |  | $ | (17,080) |
Less: Change in fair value of derivative liability | (1,609) |  |  | — |  |  | (1,609) |  |  | — |
Plus: Interest expense on converted term loan | 120 |  |  | — |  |  | 120 |  |  | — |
Adjusted net loss | $ | (18,738) |  |  | $ | (5,098) |  |  | $ | (34,931) |  |  | $ | (17,080) |
Denominator |  |  |  |  |  |  |
Weighted-average common stock outstanding, basic | 43,521,406 |  |  | 35,557,701 |  |  | 42,564,342 |  |  | 35,173,327 |
Dilutive effect of common stock issuable from assumed conversion of convertible term loan | 521,778 |  |  | — |  |  | 260,889 |  |  | — |
Weighted-average common stock outstanding, diluted | 44,043,184 |  |  | 35,557,701 |  |  | 42,825,231 |  |  | 35,173,327 |
Net loss per share |  |  |  |  |  |  |
Basic | $ | (0.40) |  |  | $ | (0.14) |  |  | $ | (0.79) |  |  | $ | (0.49) |
Diluted | $ | (0.43) |  |  | $ | (0.14) |  |  | $ | (0.82) |  |  | $ | (0.49) |

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 an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration