XML 34 R27.htm IDEA: XBRL DOCUMENT
v3.25.1

Net (Loss) Income Per Share (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
Earnings Per Share [Abstract] |
Schedule of Basic and Diluted Net (Loss) Income Per Share | The following table sets forth the computation of basic and diluted net (loss) income per share (in thousands, except share and per share amounts):
| Three Months Ended March 31, |
|  | 2025 |  |  |  | 2024 |
Numerator: |  |  |  |  |  |  |
Net (loss) income | $ |  | (5,042 | ) |  | $ |  | 130 |
Denominator |  |  |  |  |  |  |
Basic and diluted |  |  |  |  |  |  |
Weighted-average common shares outstanding, basic and diluted |  |  | 13,511,349 |  |  |  |  | 9,465,797 |
Weighted-average pre-funded warrants outstanding, basic and diluted |  |  | 306,506 |  |  |  |  | 232,406 |
Weighted-average placement agent warrants outstanding, basic and diluted |  |  | 75,745 |  |  |  |  | 56,314 |
Weighted-average lender warrants outstanding, basic and diluted |  |  | 227,969 |  |  |  |  | — |
Weighted-average number of shares used to calculate basic and diluted net (loss) income per share |  |  | 14,121,569 |  |  |  |  | 9,754,517 |
Diluted |  |  |  |  |  |  |
Weighted-average number of shares used to calculate basic net (loss) income per share |  |  | 14,121,569 |  |  |  |  | 9,754,517 |
Effect of potentially dilutive securities |  |  |  |  |  |  |
Stock options |  |  |  |  |  |  | 292,898 |
Weighted-average number of shares used to calculate diluted net (loss) income per share |  |  | 14,121,569 |  |  |  |  | 10,047,415 |
Net (loss) income per share |  |  |  |  |  |  |
Basic | $ |  | (0.36 | ) |  | $ |  | 0.01 |
Diluted | $ |  | (0.36 | ) |  | $ |  | 0.01 |
Schedule of Anti-dilutive Securities Excluded from Calculation of Diluted Net (Loss) Income Per Share | The following outstanding potentially dilutive shares have been excluded from the calculation of diluted net (loss) income per share due to their anti-dilutive effect:
|  | As of March 31, |
|  | 2025 |  |  | 2024 |
Stock options to purchase common stock |  |  | 2,845,554 |  |  |  | 1,818,314 |
Restricted stock units |  |  | 40,000 |  |  |  | — |
Warrants to purchase common stock |  |  | 3,611,531 |  |  |  | 5,644,300 |
Total |  |  | 6,497,085 |  |  |  | 7,462,614 |

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