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

Basic and diluted loss per share was calculated as follows:

 

 

Three Months Ended March 31,

 

 

 

2026

 

 

2025

 

 

 

(In thousands)

 

Net loss

 

$

(96,231

)

 

$

(114,329

)

Weighted average shares outstanding, basic and diluted

 

 

118,490

 

 

 

103,500

 

Net loss per share, basic and diluted

 

$

(0.81

)

 

$

(1.10

)

 

Potential Dilutive Securities Excluded from Computation of Diluted Net Loss Per Common Share

The following common stock equivalents were excluded from the calculation of diluted loss per share because their inclusion would have been anti-dilutive:

 

 

Three Months Ended March 31,

 

 

2026

 

2025

 

 

(In thousands)

Unvested restricted stock units

 

6,290

 

5,525

Stock options

 

5,634

 

5,903

 

11,924

 

11,428