| Net Loss per Common Share |
Note 12. Net Loss per Common Share The following table sets forth the computation of basic and diluted net loss per common share:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended June 30, |
|
|
Six months ended June 30, |
|
|
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
Basic and diluted net loss per common share: |
|
|
|
|
|
|
|
|
|
|
|
|
Net loss |
|
$ |
(51,314 |
) |
|
$ |
(47,973 |
) |
|
$ |
(115,856 |
) |
|
$ |
(107,386 |
) |
Weighted average common shares outstanding—basic and diluted |
|
|
51,799,708 |
|
|
|
49,442,001 |
|
|
|
51,500,690 |
|
|
|
49,158,159 |
|
Net loss per common share—basic and diluted |
|
$ |
(0.99 |
) |
|
$ |
(0.97 |
) |
|
$ |
(2.25 |
) |
|
$ |
(2.18 |
) |
The following potentially dilutive securities have been excluded from the computation of diluted weighted average shares outstanding, as they would be anti-dilutive:
|
|
|
|
|
|
|
|
|
|
|
June 30, |
|
|
|
2026 |
|
|
2025 |
|
Stock options |
|
|
5,901,579 |
|
|
|
8,090,273 |
|
Restricted stock units |
|
|
1,970,631 |
|
|
|
1,526,153 |
|
Performance stock units |
|
|
119,667 |
|
|
|
64,281 |
|
Warrants |
|
|
28,424 |
|
|
|
79,220 |
|
ESPP |
|
|
55,121 |
|
|
|
92,598 |
|
Total |
|
|
8,075,422 |
|
|
|
9,852,525 |
|
|