Quarterly report [Sections 13 or 15(d)]

Net Loss Per Share (Tables)

v3.26.3
Net Loss Per Share (Tables)
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

Voting common stock

 

 

Voting common stock

 

 

Voting common stock

 

 

Voting common stock

 

Basic and diluted net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(53,053

)

 

$

(44,866

)

 

$

(147,586

)

 

$

(125,937

)

Weighted average number of shares outstanding

 

 

186,784,096

 

 

 

102,262,904

 

 

 

150,263,791

 

 

 

71,816,247

 

Net loss per share, basic and diluted

 

$

(0.28

)

 

$

(0.44

)

 

$

(0.98

)

 

$

(1.75

)

Schedule of Antidilutive Shares Excluded from Calculation of Diluted Net Loss Per Share

The following outstanding potentially dilutive shares have been excluded from the calculation of diluted net loss per share, as their effect is anti-dilutive:

 

 

Nine Months Ended September 30,

 

 

 

2026

 

 

2025

 

Stock options to purchase common stock

 

 

18,527,258

 

 

 

13,618,173

 

Warrants to purchase common stock

 

 

—

 

 

 

53,090,190

 

Total

 

 

18,527,258

 

 

 

66,708,363