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

The Company has calculated basic and diluted net loss per share for the three and six months ended June 30, 2025 and 2024 as follows (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

 

$

(27,019

)

 

$

(20,337

)

 

$

(54,502

)

 

$

(40,043

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common stock outstanding—basic and diluted

 

 

58,015,718

 

 

 

49,548,120

 

 

 

54,092,728

 

 

 

49,500,032

 

Net loss per common share—basic and diluted

 

$

(0.47

)

 

$

(0.41

)

 

$

(1.01

)

 

$

(0.81

)

 

Summary of Dilutive Securities Excluded from Computation of Diluted Net Loss Per Share

The following potentially dilutive securities were excluded from the computation of the diluted net loss per share for the periods presented because their effect would have been antidilutive:

 

Six Months Ended
June 30,

 

 

 

2025

 

 

2024

 

Stock options to purchase common stock

 

 

6,860,747

 

 

 

6,049,829

 

Restricted stock units that vest into common stock

 

 

2,824,239

 

 

 

1,758,414

 

Warrants to purchase common stock

 

 

3,826,750

 

 

 

12,686

 

Total potential dilutive shares

 

 

13,511,736

 

 

 

7,820,929