Net Loss Per Share (Tables)

12 Months Ended

Dec. 31, 2025

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Net Loss Per Share

The following table sets forth the computation of the basic and diluted net loss per share (in thousands, except share and per share amounts):


		Year Ended December 31,
		2025				2024
Numerator:
Net loss		$	(160,416	)		$	(4,690	)
Denominator:
Weighted average shares of common stock outstanding, basic and diluted			204,784,615				200,000,000
Net loss per share, basic and diluted		$	(0.78	)		$	(0.02	)

Schedule of Potentially Dilutive Securities not included in the Diluted Per Share Calculations

Potentially dilutive securities that were not included in the diluted per share calculations were as follows:


		Year Ended December 31,
		2025				2024
Shares subject to outstanding common stock options			50,000,000				50,000,000
Shares subject to outstanding common stock warrants			7,432,122				—
Retainer shares			12,500,000				—
Total			69,932,122				50,000,000