v3.25.2
Net Loss Per Share
6 Months Ended
Jun. 30, 2025
Net Loss Per Share  
Net Loss Per Share

13. Net Loss Per Share

Basic net loss per share was calculated as follows for the three and six months ended June 30, 2025 and 2024:

Three Months Ended

Six Months Ended

June 30, 

June 30, 

    

2025

    

2024

    

2025

    

2024

Numerator:

 

  

 

  

Net loss attributable to common stockholders

$

(67,814)

$

(43,777)

$

(131,867)

$

(108,625)

Denominator:

 

  

 

 

  

 

  

Weighted average common shares outstanding, basic

 

172,594,662

 

165,824,778

 

171,004,629

 

148,922,937

Net loss per share - basic

$

(0.39)

$

(0.26)

$

(0.77)

$

(0.73)

For the three and six months ended June 30, 2025 and 2024, respectively, there was no dilutive impact from potentially issuable common shares. Therefore, diluted net loss per share was the same as basic net loss per share. As of June 30, 2025 and June 30, 2024, 9,713,684 and 10,805,957, respectively, outstanding Pre-Funded Warrants (Note 10) are included in the calculation of basic and diluted net loss per share.

The Company excluded the following potentially issuable common shares, outstanding as of June 30, 2025 and 2024, respectively, from the computation of diluted net loss per share for the three and six months ended June 30, 2025 and 2024, respectively, because they had an anti-dilutive impact:

Three Months Ended

Six Months Ended

June 30, 

June 30, 

2025

    

2024

    

2025

    

2024

Options to purchase common stock

23,538,091

20,693,663

23,538,091

20,693,663

RSUs

4,870,747

2,885,622

4,870,747

2,885,622

PSUs

1,500,000

1,500,000

29,908,838

23,579,285

29,908,838

23,579,285