v3.25.1
Loss per share
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Loss per share Loss per share
For periods in which the Company reports a net loss attributable to common stockholders, potentially dilutive securities have been excluded from the computation of diluted net loss per share as their effects would be anti-dilutive. Therefore, the weighted average number of common shares outstanding used to calculate both basic and diluted net loss per share is the same. For purposes of the dilutive net loss per share calculation, stock options, and restricted stock units for which the performance or market vesting conditions have been met are considered to be common stock equivalents, while restricted stock units with performance or market vesting conditions that were not met as of March 31, 2025 are not considered to be common stock equivalents. The Company excluded the following potential common shares presented based on amounts outstanding at period end from the computation of diluted net loss per share for the periods indicated because including them would have had an anti-dilutive effect:
 As of March 31,
 20252024
Anti-dilutive common stock equivalents:
Options to purchase common stock13,893,266 11,428,285 
Total anti-dilutive common stock equivalents13,893,266 11,428,285 
Basic and diluted loss per share is computed by dividing net loss by the weighted-average common shares outstanding for the three months ended March 31, 2025 and 2024 (in thousands, except share and per share data):
Three Months Ended March 31,
20252024
Numerator:
Net loss$(26,322)$(28,361)
Denominator:
Weighted-average number of shares used in computed net loss per share − basic and diluted70,833,044 68,432,168 
Net loss per share − basic and diluted$(0.37)$(0.41)