Quarterly report [Sections 13 or 15(d)]

Net Loss Per Share (Tables)

v3.26.1
Net Loss Per Share (Tables)
 3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Summary of Calculation of Basic and Diluted Net Loss Per Share applicable to Common Stockholders

 

 

Three Months Ended March 31,

 

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(16,380,840

)

 

$

(13,678,735

)

Denominator:

 

 

 

 

 

 

Weighted-average number of shares outstanding – basic and diluted

 

 

172,306,932

 

 

 

89,537,171

 

Net loss per share applicable to common stockholders – basic and diluted

 

$

(0.10

)

 

$

(0.15

)
Summary of Shares Excluded from Calculation of Diluted Net Loss per Share Applicable to Common Stockholders The Company excluded the following potential shares, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share for the periods indicated:

 

 

 

Three months ended March 31,

 

 

 

2026

 

 

2025

 

Options to purchase shares of stock

 

 

49,523,013

 

 

 

33,899,741

 

Warrants to purchase shares of stock

 

 

162,044,977

 

 

 

140,790,299

 

Contingently issuable shares (see Note 10):

 

 

 

 

 

 

Restricted common stock

 

 

—

 

 

 

1,660,222

 

Contingent consideration

 

 

—

 

 

 

2,489,030

 

Total

 

 

211,567,990

 

 

 

178,839,292