v3.26.1
Net Loss per Share
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Net Loss per Share

13. Net Loss per Share

Basic and diluted net loss per common share attributable to common stockholders was calculated as follows (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 attributable to common stockholders

 

$

(56,615

)

 

$

(26,732

)

 

$

(76,472

)

 

$

(50,795

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding, basic and diluted

 

 

47,473,174

 

 

 

35,444,635

 

 

 

47,355,550

 

 

 

35,356,098

 

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

 

$

(1.19

)

 

$

(0.75

)

 

$

(1.61

)

 

$

(1.44

)

 

For purposes of this calculation, the Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share available to common shareholders for the periods indicated because including them would have had an anti-dilutive effect:

 

 

As of June 30,

 

2026

 

2025

Options to purchase common stock

 

8,030,456

 

6,118,379

Unvested performance-based restricted stock units

 

47,750

 

95,500

Unvested restricted stock units

 

16,993

 

13,987

Unvested restricted common stock—service based

 

212,856

 

670,440

Unvested restricted common stock—performance based

 

104,915

 

304,253