Net Income (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2026

Earnings Per Share [Abstract]

Schedule of Computations of Basic and Diluted Net Income (Loss) Per Share

The computations of basic and diluted net income (loss) per share were as follows (in thousands, except per share data):


		Three Months Ended June 30,								Six Months Ended June 30,
		2026				2025				2026				2025
Basic net income (loss) per share:
Net income (loss)		$	22,709			$	(70,871	)		$	(67,342	)		$	(64,788	)
Shares used in computation:
Weighted-average common shares outstanding			52,820				51,483				52,625				51,423
Basic net income (loss) per share		$	0.43			$	(1.38	)		$	(1.28	)		$	(1.26	)

Diluted net income (loss) per share:
Net income (loss)		$	22,709			$	(70,871	)		$	(67,342	)		$	(64,788	)
Shares used in computation:
Weighted-average common shares outstanding			52,820				51,483				52,625				51,423
RSUs			196				—				—				—
Weighted-average diluted common shares			53,016				51,483				52,625				51,423
Diluted net income (loss) per share		$	0.43			$	(1.38	)		$	(1.28	)		$	(1.26	)

Schedules for Computation of Diluted Weighted-Average Shares Outstanding

The following potentially dilutive common stock equivalents outstanding at the end of the period were excluded from the computations of weighted-average diluted common shares for the periods indicated as their effects would be anti-dilutive (in thousands):


		Three Months Ended June 30,								Six Months Ended June 30,
		2026				2025				2026				2025
Stock options outstanding			11,829				11,810				11,829				11,810
Unvested RSUs			1,679				2,982				2,995				2,982
Unvested PSUs			184				—				184				—
Employee stock purchase plan			88				111				88				111
May 2025 Warrants outstanding			268				268				268				268
			14,048				15,171				15,364				15,171