The following table shows the calculation of basic and diluted net loss per share for the three months ended March 31, 2025 and 2024:


	Three Months Ended March 31,
	2025			2024
Basic net loss per share:
Numerator:
Net loss (in thousands)	$	(62,214	)	$	(108,483	)
Denominator:
Weighted average common stock outstanding - basic and diluted		61,857,573			60,136,198
Net loss per share - basic and diluted	$	(1.01	)	$	(1.80	)

The following table summarizes potential dilutive securities outstanding at the end of each reporting period that were excluded from the calculation of diluted net loss per share because including them would have been anti-dilutive as of three months ended March 31, 2025 and 2024:


	Three Months Ended March 31,
	2025		2024
Stock options		5,116,303		6,520,634
Restricted stock units		1,933,359		2,399,564
Employee stock purchase plan		90,352		52,975
		7,140,014		8,973,173

Stock options and restricted stock units that are outstanding and contain performance-based vesting criteria for which the performance conditions have not been met are excluded from the calculation of potential dilutive securities above.