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Basic and Diluted Net Loss Per Share | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2025 | Dec. 31, 2024
Basic and Diluted Net Loss Per Share [Abstract] |  |
BASIC AND DILUTED NET LOSS PER SHARE |
| 11. | BASIC AND DILUTED NET LOSS PER SHARE
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 amounts):
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net loss attributable to common stockholders, basic and dilutive |  | $ | (4,583 | ) |  | $ | (58,932 | ) |  | $ | (10,542 | ) |  | $ | (65,526 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average common shares outstanding, basic and diluted |  |  | 2,079,609 |  |  |  | 233,660 |  |  |  | 1,905,837 |  |  |  | 233,660 |
Net loss per share, basic and diluted |  | $ | (2.20 | ) |  | $ | (252.21 | ) |  | $ | (5.53 | ) |  | $ | (280.43 | )
The following securities were excluded due to their anti-dilutive effect on net loss per share attributable to common stockholders recorded in each of the periods:
|  | As of June 30, |
|  | 2025 |  |  | 2024 |
Convertible preferred stock on an as-converted basis |  |  | - |  |  |  | 402,438 |
Warrants to purchase preferred stock on an as-converted basis |  |  | - |  |  |  | 4,344 |
Stock options outstanding |  |  | 377,134 |  |  |  | 26,900 |
Unvested RSU’s |  |  | 61,250 |  |  |  | - |
Warrants to purchase Common stock |  |  | 881,007 |  |  |  | - |
Total |  |  | 1,319,391 |  |  |  | 433,682 |
| 15. BASIC AND DILUTED NET INCOME (LOSS) PER SHARE The following table sets forth the computation of basic and diluted net income (loss) per share attributable to common stockholders (in thousands, except share and per share amounts):
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |
Numerator: |  |  |  |  |  |
Net Loss |  | $ | (65,393 | ) |  | $ | (57,720 | )
Add: Gain on extinguishment of convertible preferred stock |  |  | — |  |  |  | 216,386 |
Net income (loss) attributable to common stockholders, basic |  |  | (65,393 | ) |  |  | 158,666 |
Less: Warrants, series with dilutive impact only |  |  | — |  |  |  | — |
Less: Convertible preferred stock, series with dilutive impact only |  |  | — |  |  |  | (230,774 | )
Net loss attributable to common stockholders, dilutive |  | $ | (65,393 | ) |  | $ | (72,108 | )
Denominator: |  |  |  |  |  |  |  |
Weighted-average common shares outstanding, basic |  |  | 789,338 |  |  |  | 172,187 |
Add: Warrants, series with dilutive impact only |  |  | — |  |  |  | 291,519 |
Add: Options, with dilutive impact only |  |  | — |  |  |  | 1,592 |
Add: Convertible preferred stock, series with dilutive impact only |  |  | — |  |  |  | — |
Weighted-average shares outstanding, dilutive |  |  | 789,338 |  |  |  | 465,298 |
The following securities were excluded due to their anti-dilutive effect on net loss per share attributable to common stockholders recorded in each of the periods:
|  | As of December 31, |
|  | 2024 |  |  | 2023 |
Warrants to purchase preferred stock on an as-converted basis |  |  | — |  |  |  | 4,344 |
Convertible preferred stock on an as-converted basis |  |  | — |  |  |  | 204,253 |
Stock options outstanding |  |  | 309,369 |  |  |  | 25,308 |
Unvested RSU’s |  |  | 44,539 |  |  |  | — |
Warrants to purchase common stock |  |  | 731,010 |  |  |  | — |
Total |  |  | 1,084,918 |  |  |  | 233,905 |
As of December 31, 2023, no RSUs were vested as they did not meet the performance condition at the reporting period. In addition, outstanding stock options with performance conditions were not vested as the performance conditions were not met at December 31, 2024 and 2023. As the conditions were not satisfied at the end of each reporting period, the unvested shares were excluded when calculating diluted EPS.

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