| Schedule of Computation of Basic and Diluted Net Loss Per Share |
The following table summarizes the computation of basic and diluted net loss per share of the Company (in thousands except share and per share amounts):
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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2026 |
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2025 |
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2026 |
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2025 |
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Numerator: |
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Net (loss) income |
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$ |
(61,618 |
) |
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$ |
(23,483 |
) |
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$ |
(111,621 |
) |
|
$ |
89,397 |
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Denominator: |
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Weighted-average number of common shares, basic |
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|
66,017,895 |
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|
58,353,855 |
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|
64,548,862 |
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|
58,109,622 |
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Weighted-average number of common shares, diluted |
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|
66,017,895 |
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|
58,353,855 |
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|
64,548,862 |
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|
59,681,472 |
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Net (loss) income per share, basic |
|
$ |
(0.93 |
) |
|
$ |
(0.40 |
) |
|
$ |
(1.73 |
) |
|
$ |
1.54 |
|
|
Net (loss) income per share, diluted |
|
$ |
(0.93 |
) |
|
$ |
(0.40 |
) |
|
$ |
(1.73 |
) |
|
$ |
1.50 |
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| Schedule of Antidilutive Securities Excluded from Computation of Diluted Net Loss (Income) Per Share |
The Company excluded the following potential common stock, presented based on amounts outstanding at June 30, 2026 and 2025 from the computation of diluted net (loss) income per share attributable to common stockholders because including them would have had an anti-dilutive effect.
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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2026 |
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2025 |
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|
2026 |
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2025 |
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Outstanding options to purchase common stock |
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11,532,638 |
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9,523,757 |
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|
11,532,638 |
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7,408,212 |
|
Restricted stock units |
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1,938,698 |
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1,797,643 |
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|
1,938,698 |
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|
544,976 |
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Performance stock units |
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|
219,000 |
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|
219,000 |
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|
219,000 |
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— |
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Total |
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13,690,336 |
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11,540,400 |
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13,690,336 |
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|
7,953,188 |
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