Net Loss Per Share (Tables)

3 Months Ended

Mar. 31, 2025

Earnings Per Share [Abstract]

Summary of Basic and Diluted Net Loss Per Share

Basic and diluted net loss per share was calculated as follows (in thousands, except share and per share data):


		Three Months Ended
		March 31,
		2025				2024
Numerator:
Net loss		$	(34,127	)		$	(30,142	)
Denominator:
Weighted-average common shares outstanding, basic and diluted			129,678,572				94,875,893
Net loss per share, basic and diluted		$	(0.26	)		$	(0.32	)

Summary of Potential Common Shares Excluded from Computation of Diluted Net Loss per Share

The Company excluded the following potential common shares from the computation of diluted net loss per share for the periods indicated because including them would have had an anti-dilutive effect:


		March 31,
		2025				2024
Options to purchase common stock			17,324,388				12,499,831
Common stock issuable upon conversion of the K2HV Loan Agreement			-				6,269,592
Potential shares issuable under the ESPP			261,637				-
Total			17,586,025				18,769,423