The Company presents both basic earnings per share (“EPS”) and diluted EPS. Basic and diluted net loss per share was the same for each period presented as the inclusion of all common share equivalents would have been anti-dilutive.

The following table presents the calculations for the years ended December 31, 2025, 2024 and 2023 of basic and diluted net loss per share for the Company’s common stock (in thousands, except per share amounts):


	2025		2024		2023
Numerator
Net loss	$	(101,339)	$	(101,007)	$	(95,960)
Numerator for basic and diluted EPS - loss attributable to common stockholders	$	(101,339)	$	(101,007)	$	(95,960)
Denominator
Common stock	197,765		143,196		141,300
Denominator for basic and diluted EPS - weighted-average common stock	197,765		143,196		141,300
Basic and diluted net loss per share	$	(0.51)	$	(0.71)	$	(0.68)

Net loss per share attributable to Class A and Class B common stockholders was the same on a basic and diluted basis, as the inclusion of all potential common equivalent shares outstanding would have been anti-dilutive.

The following potential dilutive shares were excluded from the calculation of diluted net loss per share because their effect would be anti-dilutive for the years ended December 31, 2025, 2024 and 2023:


	2025	2024	2023
Outstanding options to purchase common stock	19,129,950	20,803,142	22,511,900
Outstanding restricted stock units	11,118,391	7,179,009	847,169
Outstanding warrants	3,968,317	3,968,319	3,968,319
	34,216,658	31,950,470	27,327,388