Net Loss per Common Share

6 Months Ended

Jun. 30, 2025

Note 11 – Net Loss per Common Share

Basic net loss per share excludes dilution and is computed by dividing net loss attributable to the common stockholders by the weighted-average shares outstanding during the period. Diluted net loss per common share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised, resulting in the issuance of shares of common stock that would then share in the earnings or losses of the Company.

Basic and diluted loss per share as of the dates indicated were (in thousands, except per share amounts):


	Three Months Ended June 30,						Six Months Ended June 30,
	2025			2024			2025			2024
Numerator
Net loss attributable to common stockholders	$	(11,468	)	$	(10,808	)	$	(22,569	)	$	(24,422	)

Denominator
Weighted-average shares outstanding used in computing net loss per share, basic and diluted		146,656			127,168			146,328			112,167
Net loss per share, basic and diluted	$	(0.08	)	$	(0.08	)	$	(0.15	)	$	(0.22	)

The following outstanding common stock equivalents were excluded from diluted net loss attributable to common stockholders for the periods presented because inclusion would be anti-dilutive (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Options to purchase common stock		8,936		5,397		8,936		5,397
Shares committed under ESPP		325		88		325		88
Warrants		5,603		5,603		5,603		5,603
Restricted stock units		4,380		3,856		4,380		3,856
Total		19,244		14,944		19,244		14,944