Net Loss per Share (Tables)

6 Months Ended

Jun. 30, 2026

Schedule of Earnings Per Share, Basic and Diluted

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


	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands, except share and per share amounts)	2026		2025		2026		2025
Numerator:



Net loss attributable to common stockholders	$	(42,109)	$	(52,591)	$	(91,231)	$	(104,481)
Denominator:
Weighted-average common shares outstanding, basic and diluted	177,224,892		129,185,918		177,160,914		128,439,349
Net loss per share attributable to common stockholders, basic and diluted	$	(0.24)	$	(0.41)	$	(0.51)	$	(0.81)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following common stock equivalents were excluded from the calculation of diluted net loss per share applicable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect:


	As of June 30,
	2026	2025
Anti-dilutive common stock equivalents:
Options to purchase common stock	22,547,914	17,685,319
Unvested performance-based restricted common stock awards	3,472,546	3,472,546
Total anti-dilutive common stock equivalents:	26,020,460	21,157,865