The computation of basic net loss per share consists of the following:


	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2026			2025			2026			2025
	(In thousands, except share and per share data)
Numerator:
Net loss	$	(23,264	)	$	(9,056	)	$	(46,955	)	$	(310,305	)
Denominator:
Weighted average shares outstanding, basic and diluted		82,892,195			82,179,136			82,817,905			82,122,719
Net loss per share, basic and diluted	$	(0.28	)	$	(0.11	)	$	(0.57	)	$	(3.78	)

Potentially dilutive common shares that were excluded from the computation of diluted net loss per share because they were anti-dilutive consist of the following:


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2026		2025		2026		2025
Common stock options		3,723,927		4,310,825		3,723,927		4,310,825
Restricted common stock units		604,678		1,008,154		604,678		1,008,154
Total		4,328,605		5,318,979		4,328,605		5,318,979

The potentially dilutive shares from common stock options, restricted common stock units and restricted common stock awards were excluded from the calculation of diluted net loss per share because their effect would have been anti-dilutive for the periods presented. The Company excludes the shares issued in connection with restricted stock awards from the calculation of basic weighted average common shares outstanding until the restrictions lapse.