v3.25.2
Net Loss per Share
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Net Loss per Share

12. Net loss per share

Basic net loss per share is computed by dividing net loss by the weighted average shares of common stock outstanding for the period. Because the Company has reported a net loss for the three and six months ended June 30, 2025, and 2024, the number of shares used to calculate diluted net loss per share is the same as the number of shares used to calculate basic net loss per share for the period presented because the potentially dilutive shares would have been antidilutive if included in the calculation.

 

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

(in thousands)

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(8,382

)

 

$

(11,255

)

 

$

(8,735

)

 

$

(17,647

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

80,122

 

 

 

77,456

 

 

 

79,482

 

 

 

77,041

 

Net loss per share

 

$

(0.10

)

 

$

(0.15

)

 

$

(0.11

)

 

$

(0.23

)

The following potentially dilutive securities outstanding have been excluded from the computation of basic weighted-average shares outstanding because such securities have an antidilutive impact due to losses reported:

 

 

 

As of June 30,

 

(in thousands)

 

2025

 

 

2024

 

Stock options outstanding

 

 

3,699

 

 

 

4,753

 

Restricted stock units

 

 

6,764

 

 

 

6,575

 

Convertible notes

 

 

9,431

 

 

 

4,719

 

Total potentially dilutive securities

 

 

19,894

 

 

 

16,047