v3.25.1
Net Loss Per Share
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Net Loss Per Share Net Loss Per Share
The following table summarizes the computation of basic and diluted net loss per share for the periods presented:
Three Months Ended March 31,
20252024
(in thousands, except share and per share data)
Numerator:
Net loss$(20,710)$(16,202)
Denominator:
Weighted average common shares used for basic and diluted earnings per share29,475,649 27,788,120 
Net loss per share:
Basic and diluted
$(0.70)$(0.58)
Basic net loss per share is computed by dividing the net loss by the weighted-average number of shares outstanding for the period. Diluted net loss per share is computed by dividing the net loss by the weighted-average number of shares and dilutive share equivalents outstanding for the period, determined using the treasury-share method and the as-if converted method, for convertible securities, if inclusion of these is dilutive.
If the Company reports a net loss, diluted net loss per share is the same as basic net loss per share for those periods because including the dilutive securities would be anti-dilutive.
The following potentially dilutive securities outstanding at the end of the periods presented have been excluded from the computation of diluted shares:
Three Months Ended March 31,
20252024
Options to purchase common shares1,643,039 1,517,183 
Shares issuable on vesting of grants of RSUs384,841 312,426 
Total potentially dilutive shares outstanding
2,027,880 1,829,609