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

Basic and diluted loss per share was calculated as follows:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

(In thousands)

 

Net loss

 

$

(106,634

)

 

$

(101,255

)

 

$

(202,865

)

 

$

(215,584

)

Weighted average shares outstanding, basic and diluted

 

 

133,480

 

 

 

103,732

 

 

 

126,057

 

 

 

103,617

 

Net loss per share, basic and diluted

 

$

(0.80

)

 

$

(0.98

)

 

$

(1.61

)

 

$

(2.08

)

Potential Dilutive Securities Excluded from Computation of Diluted Net Loss Per Common Share

The following common stock equivalents were excluded from the calculation of diluted loss per share because their inclusion would have been anti-dilutive:

 

 

Three and Six Months Ended June 30,

 

 

2026

 

2025

 

 

(In thousands)

Unvested restricted stock units

 

6,418

 

5,282

Stock options

 

5,721

 

5,442

 

12,139

 

10,724