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Net Loss per Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Net Loss Per Share Attributable to Common Stockholders

Basic and diluted net loss per share attributable to common stockholders was calculated as follows (in thousands, except share and per share amounts):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(10,178

)

 

$

(7,585

)

 

$

(20,797

)

 

$

(13,662

)

Less: accretion of redeemable convertible
   preferred shares

 

 

 

 

 

(3,149

)

 

 

 

 

 

(6,200

)

Net loss attributable to common
  stockholders - basic and diluted

 

$

(10,178

)

 

$

(10,734

)

 

$

(20,797

)

 

$

(19,862

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common stock outstanding

 

 

11,279,130

 

 

 

1,411,647

 

 

 

11,245,387

 

 

 

1,410,811

 

Weighted-average Series A convertible
   preferred shares outstanding

 

 

 

 

 

994,869

 

 

 

 

 

 

994,869

 

Weighted-average common shares outstanding
   under the pre-funded warrants

 

 

4,882,591

 

 

 

 

 

 

2,454,783

 

 

 

 

Total weighted-average shares outstanding

 

 

16,161,721

 

 

 

2,406,516

 

 

 

13,700,170

 

 

 

2,405,680

 

Net loss per share attributable to common
  stockholders - basic and diluted

 

$

(0.63

)

 

$

(4.46

)

 

$

(1.52

)

 

$

(8.26

)

Schedule of Shares of Potentially Dilutive Securities Outstanding Excluded from Computation of Diluted Net Loss per Share

The following shares of potentially dilutive securities outstanding as of period end were excluded from the computation of diluted net loss per share for the periods presented because their effect would have been anti-dilutive:

 

 

June 30,

 

 

2026

 

 

2025

 

Options to purchase common stock

 

 

1,247,315

 

 

 

483,815

 

Unvested restricted stock units

 

 

652,517

 

 

 

 

Redeemable convertible preferred shares
  (as converted to ordinary shares)

 

 

 

 

 

2,163,434

 

Total potentially dilutive shares

 

 

1,899,832

 

 

 

2,647,249