v3.25.2
Net Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Summary of Computation of Basic and Diluted Net Loss Per Share

The following table sets forth the computation of the Company’s basic and diluted net loss per share (in thousands, except share and per share data):

 

Three months ended June 30,

 

 

Six months ended June 30,

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(55,247

)

 

$

(26,352

)

 

$

(89,332

)

 

$

(53,301

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding, basic and diluted

 

 

35,024,592

 

 

 

25,649,043

 

 

 

34,179,364

 

 

 

25,229,456

 

Net loss per share, basic and diluted

 

$

(1.58

)

 

$

(1.03

)

 

$

(2.61

)

 

$

(2.11

)

Schedule of Antidilutive Securities Excluded from Computation of Diluted Net Loss Per Share The Company excluded the following potential common shares from the computation of diluted net loss per share because including them would have had an anti-dilutive effect:

 

Three months ended June 30,

 

 

Six months ended June 30,

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Options to purchase common stock

 

 

3,452,796

 

 

 

2,924,576

 

 

 

3,452,796

 

 

 

2,924,576

 

Restricted stock units

 

 

997,737

 

 

 

365,468

 

 

 

997,737

 

 

 

365,468

 

Employee stock purchase program

 

 

6,657

 

 

 

4,837

 

 

 

6,657

 

 

 

4,837