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11. Net Loss Per Share of Class A Common Stock
The following table includes the calculation of basic and diluted net loss per share:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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2025 |
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2024 |
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2025 |
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2024 |
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(in thousands except per share information) |
| Net loss available to common stockholders - basic and diluted |
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$ |
(41,239) |
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$ |
(9,397) |
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$ |
(54,052) |
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$ |
(25,207) |
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| Basic and diluted net loss per share |
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$ |
(1.27) |
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$ |
(0.52) |
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$ |
(1.71) |
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$ |
(1.40) |
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Shares used in the computation of basic and diluted net loss per share |
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32,473 |
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18,148 |
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31,648 |
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18,027 |
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The potentially dilutive securities listed below were not included in the calculation of diluted weighted average common shares outstanding, as their effect would have been anti-dilutive during the three and six months ended June 30, 2025 and 2024.
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Three and Six Months Ended June 30, |
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2025 |
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2024 |
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(in thousands) |
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| Restricted Class A common stock |
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— |
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1 |
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| Class A common stock warrants |
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221 |
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221 |
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| Stock options |
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1,855 |
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884 |
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| Restricted stock units |
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2,655 |
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1,871 |
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| Public Warrants (exercisable for Class A common stock) treated as liability |
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1,977 |
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1,977 |
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| Private Placement Warrants (exercisable for Class A common stock) treated as liability |
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3,091 |
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3,091 |
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| Sponsor Shares |
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296 |
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296 |
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