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

The following table sets forth the computation of the Company's basic and diluted net loss per share:

 

 

 

Three Months Ended
March 31,

 

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(56,737

)

 

$

(39,282

)

Denominator:

 

 

 

 

 

 

Shares used to compute net loss per share, basic and
   diluted

 

 

 

 

 

 

Weighted average shares of common stock
   outstanding

 

 

86,104,331

 

 

 

57,301,916

 

Weighted average shares of pre-funded warrants to
   purchase common stock

 

 

23,707,130

 

 

 

9,039,389

 

Weighted average shares of common stock
   outstanding used to compute basic and diluted
   net loss per share

 

 

109,811,461

 

 

 

66,341,305

 

Net loss per share, basic and diluted

 

$

(0.52

)

 

$

(0.59

)

Schedule of Antidilutive Securities Excluded from Calculation of Net Loss

The outstanding securities presented below were excluded from the calculation of net loss per share because the inclusion of such securities would have been anti-dilutive due to the Company’s net loss during the periods presented.

 

 

 

Three Months Ended
March 31,

 

 

 

2026

 

 

2025

 

Options to purchase common stock

 

 

6,129,390

 

 

 

2,850,441

 

Nonvested restricted stock units

 

 

5,314,517

 

 

 

3,174,668

 

Nonvested performance stock units

 

 

1,555,642

 

 

 

2,165,325

 

Shares subject to employee stock purchase plan

 

 

272,450

 

 

 

234,154

 

Warrants

 

 

2,000

 

 

 

2,563

 

Total

 

 

13,273,999

 

 

 

8,427,151