Net Loss Per Share (Tables)

6 Months Ended

May 31, 2026

Schedule of Computation of Basic and Diluted Net Loss Per Share Attributable to Common Stockholders

The following table sets forth the computation of the Company’s basic and diluted net loss per share attributable to common stockholders, which excludes shares which are legally outstanding but subject to repurchase by the Company (in thousands, except share and per share data):


	Three Months Ended May 31,				Six Months Ended May 31,
	2026		2025		2026		2025
Numerator:
Net loss	$	(89,535)	$	(43,464)	$	(176,709)	$	(99,815)
Denominator:
Weighted-average number of shares outstanding, basic and diluted(1)	111,084,423		83,882,477		110,583,610		83,723,403
Net loss per share, basic and diluted	$	(0.81)	$	(0.52)	$	(1.60)	$	(1.19)


(1)			The shares underlying the pre-funded warrants to purchase shares of the Company’s common stock have been included in the calculation of the weighted-average number of shares outstanding, basic and diluted, for the three and six months ended May 31, 2026 and 2025.

Schedule of Antidilutive Securities Excluded from Computation of Diluted Net Loss Per Share of Common Stock

The following potentially dilutive securities were excluded from the computation of the diluted net loss per share of common stock for the periods presented because their effect would have been anti-dilutive:


	May 31,
	2026	2025
Options to purchase common stock issued and outstanding	13,084,139	11,689,898

Restricted stock units issued and outstanding	3,069,904	2,976,746
Shares expected to be purchased under employee stock purchase plan	95,396	81,597
Total	16,249,439	14,748,241