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

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

)

Summary of Potentially Dilutive Common Shares Excluded from Computation of Diluted Net Loss Per Share

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