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

Note 12. Loss Per Share

The following table sets forth the computation of the basic and diluted net loss per share attributable to common stockholders for the periods presented (in thousands, except per share data):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders

 

$

(192,742

)

 

$

(43,393

)

 

 

(227,609

)

 

 

(78,719

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares of common stock outstanding — Basic

 

 

55,161,124

 

 

 

52,995,093

 

 

 

54,956,722

 

 

 

52,868,909

 

Dilutive effect of potential common stock

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares of common stock outstanding — Diluted

 

 

55,161,124

 

 

 

52,995,093

 

 

 

54,956,722

 

 

 

52,868,909

 

Net loss per share attributable to common stockholders — Basic and Diluted

 

$

(3.49

)

 

$

(0.82

)

 

$

(4.14

)

 

$

(1.49

)

 

The following table presents the potential common shares outstanding that were excluded from the computation of diluted net loss per share of common stock as of the periods presented because including them would have been anti-dilutive:

 

 

 

Six Months Ended June 30,

 

 

 

2025

 

 

2024

 

Common stock options issued and outstanding

 

 

2,320,011

 

 

 

2,380,423

 

Restricted stock units

 

 

8,671,167

 

 

 

6,998,973

 

Performance-based restricted stock units

 

 

1,911,765

 

 

 

1,911,765

 

Share subscription liability

 

 

3,509,719

 

 

 

 

Common stock warrants

 

 

2,491,776

 

 

 

2,491,776

 

Series A warrants

 

 

3,000,000

 

 

 

3,000,000

 

Total

 

 

21,904,438

 

 

 

16,782,937