v3.26.1
Net Loss Per Share (Tables)
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Summary of Computation of Company's 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.

 

 

Year Ended December 31,

 

 

 

2025

 

 

2024

 

 

 

(in thousands, except share and per share amounts)

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(191,086

)

 

$

(227,461

)

Denominator:

 

 

 

 

 

 

Shares used in computing net loss per share

 

 

8,497,798

 

 

 

7,736,734

 

Net loss per share, basic and diluted

 

$

(22.49

)

 

$

(29.40

)

Summary of Common Stock Equivalents of Antidilutive Securities Excluded from Computation of Diluted Net Loss per Share

The following common stock equivalents were excluded from the computation of diluted net loss per share for the years ended December 31, 2025 and 2024 because including them would have been antidilutive:

 

 

Year Ended December 31,

 

 

 

2025

 

 

2024

 

Common stock options issued and outstanding

 

 

917,809

 

 

 

867,072

 

Restricted stock units issued and outstanding

 

 

417,772

 

 

 

595,691

 

Warrants to purchase common stock

 

 

12,759

 

 

 

12,759

 

Shares to be issued under ESPP

 

 

22,426

 

 

 

44,017

 

Total

 

 

1,370,766

 

 

 

1,519,539