| Schedule of Numerators and Denominators |
The numerators and denominators of the basic and diluted net loss per share are computed as follows (in thousands, except per share, unit and per unit data): | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | Basic and diluted net loss per share | 2026 | | 2025 | | 2026 | | 2025 | | | Numerator: | | | | | | | | | | | Net loss | $ | (25,749) | | | $ | (228,619) | | | $ | (82,512) | | | $ | (290,605) | | | | | Denominator: | | | | | | | | | | | Basic | 479,119,921 | | | 320,591,204 | | | 476,079,687 | | | 299,666,133 | | | | | Diluted | 479,119,921 | | | 320,591,204 | | | 476,079,687 | | | 299,666,133 | | | | | | | | | | | | | | | Basic net loss per share | $ | (0.05) | | | $ | (0.71) | | | $ | (0.17) | | | $ | (0.97) | | | | | Diluted net loss per share | $ | (0.05) | | | $ | (0.71) | | | $ | (0.17) | | | $ | (0.97) | | | |
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| Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share |
The following securities were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive: | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | | | Stock options | 1,535,493 | | | 2,139,040 | | | 1,165,431 | | | 2,143,037 | | | | | Private warrants | 73,333 | | | 74,166 | | | 73,333 | | | 74,166 | | | | | Public warrants | 12,252,439 | | | 12,251,606 | | | 12,252,439 | | | 12,251,606 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2025 RDO warrants | 3,770,000 | | | 3,770,000 | | | 3,770,000 | | | 3,770,000 | | | | | 2026 Convertible notes | 1,664,732 | | | 1,664,939 | | | 1,664,732 | | | 1,664,939 | | | | | 2029 Convertible notes | — | | | 35,100,000 | | | — | | | 35,100,000 | | | | | PSUs | — | | | 525,170 | | | — | | | 1,638,892 | | | | | RSUs | 13,985,327 | | | 11,897,674 | | | 15,420,203 | | | 12,044,401 | | | | | ESPP | 481,899 | | | 420,465 | | | 526,284 | | | 497,884 | | | | Total | 33,763,223 | | | 67,843,060 | | | 34,872,422 | | | 69,184,925 | | | |
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