Basic net loss per share is computed by dividing net loss by basic weighted-average shares outstanding during the period. Diluted net loss per share is computed by dividing net loss by diluted weighted-average shares outstanding, including potentially dilutive securities.

The following table presents the computation of basic and diluted net loss per share of common stock:


	Three months ended March 31,
	2025		2024
	(in thousands, except per share amounts)
Net loss attributable to common stockholders	$	(39,148)	$	(43,427)
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted	143,284		134,587
Net loss per share attributable to common stockholders, basic and diluted	$	(0.27)	$	(0.32)

The following securities were excluded from the computation of diluted net loss per share of common stock for the periods presented as their effect would have been antidilutive:


	Number of Shares
	As of March 31,
	2025	2024
	(in thousands)
Stock options	1,984	2,639
RSUs	12,135	11,076
PSUs	1,384	1,216
MPSUs	1,313	1,313
rTSR PSUs	272	—
Shares issuable pursuant to the ESPP	84	550
Convertible senior notes (if-converted)	9,433	3,370
Total	26,605	20,164

The dilution table above excludes RSUs to be awarded under the Company’s 2025 Bonus Program, which is expected to have an impact on its outstanding awards in the first quarter of 2026. Refer to Note 10 — Stockholders' Equity for further details on the Company’s 2025 Bonus Program.