v3.26.1
Net Loss Per Share Attributable to Common Stockholders (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss Per Share Attributable to Common Stockholders

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share data):

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders

 

$

(112,452

)

 

$

(77,491

)

 

$

(210,991

)

 

$

(149,669

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding, basic and diluted(1)

 

 

92,061,452

 

 

 

88,472,197

 

 

 

90,389,890

 

 

 

88,414,586

 

Net loss per share attributable to common stockholders, basic and diluted

 

$

(1.22

)

 

$

(0.88

)

 

$

(2.33

)

 

$

(1.69

)

(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 June 30, 2026.

Schedule of Outstanding Shares of Potentially Dilutive Securities Excluded From the Computation of Diluted Net Loss Per Share

The following table summarizes potential shares of common stock that were excluded from the computation of diluted net loss per share due to their anti-dilutive effect on those periods:

 

 

 

Six Months Ended
 June 30,

 

 

 

2026

 

2025

 

Options to purchase common stock

 

 

15,442,646

 

 

11,255,169