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

The following table sets forth the computation of the basic and diluted net loss per share for the three months and six months ended June 30, 2026 and 2025 (in thousands, except share and per share data):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(17,971

)

 

$

(25,949

)

 

$

(35,898

)

 

$

(56,703

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares of common stock outstanding, basic and diluted

 

 

135,639,684

 

 

 

53,445,631

 

 

 

120,097,125

 

 

 

54,031,176

 

Net loss per share, basic and diluted

 

$

(0.13

)

 

$

(0.49

)

 

$

(0.30

)

 

$

(1.05

)

Summary of Outstanding Potentially Dilutive Securities Were Excluded from Computation of Diluted Net Loss Per Share

The following outstanding potentially dilutive securities were excluded from the computation of diluted net loss per share for the three months and six months ended June 30, 2026 and 2025 because including them would have been anti-dilutive:

 

 

Three Months and Six Months Ended

 

 

 

June 30,

 

 

 

2026

 

 

2025

 

Stock options to purchase common stock

 

 

15,900,181

 

 

 

12,786,569

 

Unvested RSUs

 

 

127,255

 

 

 

417,677

 

Unvested PSUs

 

 

 

 

 

69,750

 

Total

 

 

16,027,436

 

 

 

13,273,996