Annual report [Section 13 and 15(d), not S-K Item 405]

Net Loss Per Share Attributable to Common Stockholders

v3.25.1
Net Loss Per Share Attributable to Common Stockholders
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Net Loss Per Share Attributable to Common Stockholders Net Loss Per Share Attributable to Common Stockholders
The following is a reconciliation of the numerator (net loss) and the denominator (number of shares) used in the calculation of basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share amounts):
Year Ended
December 31,
2024
Year Ended
December 31,
2023
Numerator    
Net loss $ (25,946) $ (28,984)
   Less: Deemed dividend on Series D preferred stock
—  (6)
   Less: Cumulative dividends on Series A preferred stock
(18) (19)
   Less: Cumulative dividends on Series B preferred stock
(17) (107)
   Less: Cumulative dividends on Series C preferred stock
(46) (30)
   Less: Cumulative dividends on Series D preferred stock
—  (53)
   Less: Cumulative dividends on Series F preferred stock
(341) (272)
   Less: Cumulative dividends on Series F-1 preferred stock
(60) (110)
   Less: Cumulative dividends on Series F-2 preferred stock
(19) (79)
   Less: Deemed dividend in connection with conversion of Series A, Series B, and Series C preferred stock
(2,147) — 
  Less: Deemed dividend in connection with conversion of Series F, Series F-1, and Series F-2
(3,874) — 
Net loss attributable to common stockholders, basic and diluted
$ (32,468) $ (29,660)
     
Denominator    
   Weighted average shares used in computing basic and diluted net loss per share
attributable to common stockholders
59,220 272
   Less: weighted-average shares subject to repurchase
—  — 
Basic and diluted net loss per share attributable to common stockholders
59,220 272
   
Net loss and attributable to common stockholders, basic and diluted
   
Basic and diluted net loss per share attributable to common stockholders
$ (548.26) $ (109,044.12)
Potentially dilutive securities are excluded from the calculation of diluted net loss per share attributable to common stockholders if their inclusion is anti-dilutive.
The following table shows the outstanding securities considered anti-dilutive and therefore excluded from the computation of diluted net loss per share attributable to common stockholders, on a common stock equivalent basis:
December 31,
2024 2023
Series A preferred stock —  1
Series B preferred stock —  2
Series C preferred stock —  1
Series D preferred stock —  — 
Series F preferred stock —  23
Series F-1 preferred stock —  4
Series F-2 preferred stock —  6
Warrants to purchase common stock (excluding penny warrants) 6,554 191
Warrants to purchase Series E preferred stock 34 34
Options to purchase common stock 102 92
Unvested restricted stock units 7,425 84
Commitment shares - 9
14,115 447