The following table presents the calculation of basic and diluted net loss per share attributable to common and limited common stockholders for the periods presented (in thousands, except for share and per share data):


	Three Months Ended March 31,
	2026		2025
Numerator:
Net loss attributable to Schrödinger common and limited common stockholders	$	(60,026)	$	(59,808)
Denominator:
Weighted average shares used to compute net loss per share of common and limited common stockholders, basic and diluted:	73,989,137		73,057,916



Net loss per share of common and limited common stockholders, basic and diluted:	$	(0.81)	$	(0.82)

For periods in which the Company reports net losses, basic net loss per share is the same as diluted net loss per share as the inclusion of all potential common shares and limited common shares outstanding would have been anti-dilutive. Potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows:


	Three Months Ended March 31,
	2026	2025
Shares subject to outstanding common stock options	12,395,566	12,696,887
Shares subject to outstanding unvested RSUs and PRSUs	3,262,221	2,554,539
Total shares subject to outstanding common stock options and unvested RSUs and PRSUs	15,657,787	15,251,426