Net Loss Per Share

12 Months Ended

Dec. 31, 2025

10. Net Loss Per Share

The following table sets forth the computation of the Company’s basic and diluted net loss per share attributable to common stockholders, which excludes shares which are legally outstanding, but subject to repurchase by the Company (in thousands, except share and per share amounts):


	Years Ended December 31,
	2025			2024
Numerator:
Net loss	$	(33,376	)	$	(63,118	)
Denominator:
Weighted average common shares outstanding		1,918,457			1,910,519
Weighted average common stock outstanding subject to cancellation related to restricted stock units		(48,533	)		(1,294	)
Weighted average common shares outstanding - basic and diluted		1,869,924			1,909,225
Net loss per share attributable to common stockholders, basic and diluted	$	(17.85	)	$	(33.06	)

Potentially dilutive shares to be issued under the ESPP as of December 31, 2025 and 2024 were not included in the calculation of diluted net loss per share because they would be anti-dilutive and were immaterial. In addition, potential dilutive securities not included in the calculation of diluted net loss per share because to do so would be anti-dilutive are as follows (in common stock equivalent shares):


	Years Ended December 31,
	2025		2024
Common stock options issued and outstanding		459,775		571,308
Common stock outstanding subject to cancellation related to restricted stock units		249,500		—
Total		709,275		571,308