| Net Loss Per Share |
Basic and diluted net loss per share attributable to common stockholders was calculated as follows (in thousands, except share and per share data):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
THREE MONTHS ENDED JUNE 30, |
|
|
SIX MONTHS ENDED JUNE 30, |
|
|
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
Numerator: |
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|
|
|
|
|
|
|
|
|
|
|
Net loss |
|
$ |
(85,854 |
) |
|
$ |
(66,096 |
) |
|
$ |
(159,965 |
) |
|
$ |
(121,435 |
) |
Net loss attributable to common stockholders, basic and diluted |
|
$ |
(85,854 |
) |
|
$ |
(66,096 |
) |
|
$ |
(159,965 |
) |
|
$ |
(121,435 |
) |
Denominator: |
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average shares of common stock outstanding, basic and diluted |
|
|
75,443,496 |
|
|
|
58,428,344 |
|
|
|
72,571,921 |
|
|
|
58,312,452 |
|
Net loss per share attributable to common stockholders, basic and diluted |
|
$ |
(1.14 |
) |
|
$ |
(1.13 |
) |
|
$ |
(2.20 |
) |
|
$ |
(2.08 |
) |
The following potential common shares, presented based on amounts outstanding at period end, were excluded from the calculation of diluted net loss per share attributable to common stockholders for the period indicated because including them would have been anti-dilutive:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
THREE MONTHS ENDED JUNE 30, |
|
|
SIX MONTHS ENDED JUNE 30, |
|
|
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
Stock options |
|
|
6,625,471 |
|
|
|
5,714,687 |
|
|
|
6,625,471 |
|
|
|
5,714,687 |
|
Unvested restricted common stock |
|
|
272,395 |
|
|
|
1,026,905 |
|
|
|
272,395 |
|
|
|
1,026,905 |
|
Unvested restricted stock units |
|
|
321,499 |
|
|
|
224,443 |
|
|
|
321,499 |
|
|
|
224,443 |
|
Total |
|
|
7,219,365 |
|
|
|
6,966,035 |
|
|
|
7,219,365 |
|
|
|
6,966,035 |
|
|