| 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):
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Three Months Ended
March 31, 2025 |
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Three Months Ended
March 31, 2024 |
| Numerator |
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| Net loss |
$ |
(9,684) |
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$ |
(4,612) |
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Less: Cumulative dividends on Series A preferred stock |
— |
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(5) |
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Less: Cumulative dividends on Series B preferred stock |
— |
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(29) |
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Less: Cumulative dividends on Series C preferred stock |
— |
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(10) |
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Less: Cumulative dividends on Series F preferred stock |
— |
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(178) |
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Less: Cumulative dividends on Series F-1 preferred stock |
— |
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(26) |
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Less: Cumulative dividends on Series F-2 preferred stock |
— |
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(35) |
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Net loss attributable to common stockholders, basic and diluted |
$ |
(9,684) |
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$ |
(4,895) |
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| Denominator |
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Weighted average shares used in computing basic and diluted net loss per share
attributable to common stockholders
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1,672,581 |
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1,699 |
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Basic and diluted net loss per share attributable to common stockholders |
1,672,581 |
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1,699 |
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Net loss and attributable to common stockholders, basic and diluted |
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Basic and diluted net loss per share attributable to common stockholders |
$ |
(5.79) |
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$ |
(2,881.11) |
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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:
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Three Months Ended
March 31, 2025 |
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Three Months Ended
March 31, 2024 |
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| Series A preferred stock |
- |
|
1 |
| Series B preferred stock |
- |
|
2 |
| Series C preferred stock |
- |
|
1 |
| 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) |
606,554 |
|
226 |
| Warrants to purchase Series E preferred stock |
34 |
|
34 |
| Options to purchase common stock |
102 |
|
104 |
| Unvested RSUs |
7,150 |
|
51 |
| Commitment shares |
- |
|
10 |
| Total |
613,840 |
|
462 |
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