Net Loss Per Share (Tables)

3 Months Ended

Mar. 31, 2026

Net Loss Per Share

Schedule of basic and diluted net loss per share attributable to common unitholders

Basic and diluted net loss per share attributable to common stockholders was calculated as follows (in thousands, except share and per share data):


		THREE MONTHS ENDED MARCH 31,
		2026				2025
Numerator:
Net loss		$	(74,111	)		$	(55,339	)
Net loss attributable to common stockholders, basic and diluted		$	(74,111	)		$	(55,339	)
Denominator:
Weighted average shares of common stock outstanding, basic and diluted			69,668,439				58,195,272
Net loss per share attributable to common stockholders, basic and diluted		$	(1.06	)		$	(0.95	)

Schedule of potential common units excluded from calculation of diluted net loss per share attributable to common unitholders

The following potential common shares, presented based on amounts outstanding at period end, were excluded from the calculation of diluted net loss per share attributable to common stockholders for the period indicated because including them would have been anti-dilutive:


		THREE MONTHS ENDED MARCH 31,
		2026				2025
Stock options			6,841,436				5,355,989
Unvested restricted common stock			441,330				1,221,369
Unvested restricted stock units			358,634				245,244
Potential shares issuable under the ESPP			10,043				13,825
Total			7,651,443				6,836,427