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Net Loss Per Share Attributable to Common Stockholders
 3 Months Ended
Mar. 31, 2026
Net Loss Per Share Attributable to Common Stockholders [Abstract]  
NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS

NOTE 11. NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS

 

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share data):

 

    Three Months Ended
March 31,		  
    2026     2025  
Numerator:            
Net loss attributable to common stockholders   $ (1,174 )   $ (21,241 )
Denominator:                
Weighted average common shares and pre-funded warrant shares outstanding     28,671,819 (a)     15,022,122  
Weighted average shares used to compute basic and diluted net loss per share     28,671,819       15,022,122  
Net loss per share attributable to common stockholders – basic and diluted   $ (0.04 )   $ (1.41 )

 

(a) Includes 675,000 weighted-average shares underlying pre-funded warrants outstanding during the period, as such warrants are exercisable at any time for nominal consideration ($0.0001 per share).

 

The potential shares of common stock that were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented because including them would have had an antidilutive effect were as follows:

 

    March 31,  
    2026     2025  
Outstanding and issued common stock options     2,671,358       2,186,226  
Outstanding and issued restricted stock units     170,100       —  
Shares issuable upon exercise of Public Warrants     499,986       499,986  
Shares issuable upon exercise of Common Warrants     12,345,707       —  
Unvested performance-based restricted stock units     —       20,000  
Total     15,687,151       2,706,212