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

The following table sets forth the computation of the basic and diluted net loss per share (in thousands, except share and per share amounts):

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(45,558

)

 

$

(28,098

)

 

$

(84,863

)

 

$

(56,245

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

65,991,171

 

 

 

59,550,771

 

 

 

63,880,337

 

 

 

59,442,646

 

Weighted-average shares used to compute net loss per common share, basic and diluted

 

 

65,991,171

 

 

 

59,550,771

 

 

 

63,880,337

 

 

 

59,442,646

 

Net loss per share, basic and diluted

 

$

(0.69

)

 

$

(0.47

)

 

$

(1.33

)

 

$

(0.95

)

 

Schedule of Potentially Dilutive Securities Including All Outstanding Stock Options were excluded in Calculation of Diluted Shares Outstanding

The following table sets forth the outstanding potentially dilutive securities that have been excluded from the calculation of diluted net loss per share because their inclusion would be anti-dilutive.

 

 

As of June 30,

 

 

 

2026

 

 

2025

 

Options to purchase common stock

 

 

14,409,364

 

 

 

10,408,456

 

Unvested restricted stock units

 

 

455,750

 

 

 

 

Estimated shares purchasable under the ESPP

 

 

33,762

 

 

 

24,737

 

 

 

14,898,876

 

 

 

10,433,193