Quarterly report [Sections 13 or 15(d)]

Net Loss Per Share

v3.25.3
Net Loss Per Share
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Net Loss Per Share Net Loss Per Share
The following table sets forth the computation of basic and diluted net loss per share and a reconciliation of the weighted average number of shares outstanding:
Three Months Ended September 30, Nine Months Ended September 30,
2025 2024 2025 2024
Numerator:
Net loss
$ (4,960) $ (5,439) $ (16,935) $ (16,633)
Denominator:
Weighted-average common shares outstanding, basic and diluted
10,744,706  10,595,526  10,716,977  10,538,591 
Net loss per share:
Net loss per share, basic and diluted
$ (0.46) $ (0.51) $ (1.58) $ (1.58)
Basic net income (loss) per share is calculated by dividing net income (loss) for the period by the weighted-average number of shares of common stock for the period. Diluted net income (loss) per share has been calculated in a manner consistent with that of basic net income (loss) per share while giving effect to shares issuable upon exercise and/or vesting of potentially dilutive stock option and RSU grants, as well as ESPP purchase rights, outstanding during the period, if applicable. Due to the net loss for all periods shown, no potentially dilutive securities had an impact on diluted loss per share for any period. For the three months ended September 30, 2025 and 2024, 806,443 and 398,603 shares, respectively, were excluded from the calculation of weighted-average diluted common shares outstanding as they had an anti-dilutive effect. For the nine months ended September 30, 2025 and 2024, 545,690 and 412,563 shares, respectively, were excluded from the calculation of weighted-average diluted common shares outstanding as they had an anti-dilutive effect.