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

The following table sets forth the computation of the basic and diluted net loss per share for the three months ended March 31, 2026 and 2025 (in thousands, except share and per share data):

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(17,927

)

 

$

(30,754

)

Denominator:

 

 

 

 

 

 

Weighted-average shares of common stock outstanding, basic and diluted

 

 

104,573,657

 

 

 

53,359,338

 

Net loss per share, basic and diluted

 

$

(0.17

)

 

$

(0.58

)

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

The following outstanding potentially dilutive securities were excluded from the computation of diluted net loss per share for the three months ended March 31, 2026 and 2025 because including them would have been anti-dilutive:

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2026

 

 

2025

 

Stock options to purchase common stock

 

 

16,220,743

 

 

 

12,099,944

 

Unvested RSUs

 

 

149,177

 

 

 

594,552

 

Unvested PSUs

 

 

 

 

 

72,000

 

ESPP estimated shares issuable

 

 

4,570

 

 

 

37,684

 

Total

 

 

16,374,490

 

 

 

12,804,180