v3.26.1
Net Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Summary of Computation of Basic and Diluted Net Loss Per Share

The following table summarizes the computation of basic and diluted net loss per share of the Company:

 

 

Three Months Ended March 31,

 

 

 

2026

 

 

2025

 

 

 

(in thousands, except share and per share data)

 

Net loss

 

$

(73,291

)

 

$

(77,065

)

Net loss per share, basic and diluted

 

$

(0.41

)

 

$

(0.46

)

Weighted average shares of common stock, basic and diluted

 

 

179,849,137

 

 

 

169,233,155

 

Summary of Antidilutive Securities Excluded From Computation of Earnings Per Share

For the three months ended March 31, 2026 and 2025, the weighted-average number of shares of common stock outstanding used to calculate both basic and diluted net loss per share is the same. In computing diluted net loss per share for the three months ended March 31, 2026 and 2025, the Company excluded the following potentially dilutive securities, as the effect would be anti-dilutive and reduce the net loss per share calculated for each period.

 

 

Three Months Ended March 31,

 

 

 

2026

 

 

2025

 

Options outstanding to purchase common stock

 

 

25,148,617

 

 

 

19,973,563

 

Unvested and outstanding restricted stock units

 

 

3,021,051

 

 

 

6,151,535

 

 

 

 

28,169,668

 

 

 

26,125,098