Basic and Diluted Net Income (Loss) per Share (Tables)

12 Months Ended

Dec. 31, 2024

Net loss per share:

Schedule of Computation of Basic and Diluted Net Loss Per Share

The following table sets forth the computation of the Company’s basic and diluted net income (loss) per share to common stockholders:

		2024				2023
		December 31,
		2024				2023
		(In thousands, except share per share data)
Numerator:
Net income (loss)		$	(73,297	)		$	(135,139	)

Denominator:
Basic weighted average shares outstanding			847,265				375,922
Effect of dilutive securities:
Common stock warrants			—				—
Restricted stock units			—				—
Common stock options			—				—
Diluted weighted average shares outstanding			847,265				375,922

Net income (loss) per share
Basic		$	(86.51	)		$	(359.49	)
Diluted		$	(86.51	)		$	(359.49	)

Schedule of Potentially Dilutive Shares Excluded from Computation of Net Loss Per Share

The following potentially dilutive shares of common stock equivalents on an “as-converted basis” were excluded from the computation of diluted net loss per share for the periods presented because including them would have had an antidilutive effect:

		December 31,
		2024				2023
		(per share data)
Common stock warrants			215,134				97,039
Restricted stock units			38,028				38,222
Common stock options			18,036				25,053
Total potentially dilutive common share equivalents			271,198				160,314