XML 20 R12.htm IDEA: XBRL DOCUMENT
v3.26.1

Net Loss Per Share Attributable to Common Stockholders | 3 Months Ended
--- | ---
Mar. 31, 2026
Earnings Per Share [Abstract] |
Net Loss Per Share Attributable to Common Stockholders | Note 3. 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 for the three months ended March 31, 2026 and 2025 (in thousands, except share and per share amounts):
|  | Three Months Ended March 31, |
|  | 2026 |  |  | 2025 |
Numerator: |  |  |  |  |  |
Net loss |  | $ | (82,958 | ) |  | $ | (68,243 | )
Impact of preferred stock extinguishments and modifications |  |  | — |  |  |  | (6,300 | )
Net loss attributable to common stockholders |  | $ | (82,958 | ) |  | $ | (74,543 | )
Denominator: |  |  |  |  |  |
Weighted-average common shares outstanding |  |  | 33,701,800 |  |  |  | 2,869,926 |
Less: Weighted-average common shares subject to repurchase |  |  | (1,250 | ) |  |  | (99,574 | )
Weighted-average common shares outstanding, basic and diluted |  |  | 33,700,550 |  |  |  | 2,770,352 |
Net loss per share attributable to common stockholders, basic and diluted |  | $ | (2.46 | ) |  | $ | (26.91 | )
The following outstanding common stock equivalents have been excluded from diluted net loss per share attributable to common stockholders for the three months ended March 31, 2026 and 2025 because their inclusion would be anti-dilutive:
|  | March 31, |
|  | 2026 |  |  | 2025 |
Options to purchase common stock |  |  | 7,522,330 |  |  |  | 2,904,399 |
Early exercised stock options and unvested restricted common stock |  |  | 862 |  |  |  | 63,487 |
Warrants to purchase common stock |  |  | 739,559 |  |  |  | 739,559 |
Redeemable convertible preferred stock |  |  | — |  |  |  | 29,855,741 |
Total common stock equivalents |  |  | 8,262,751 |  |  |  | 33,563,186 |

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 The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration