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

Basic and diluted net loss per share attributable to common stockholders is calculated as follows (in thousands except share and per share amounts):

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders

 

$

(27,482

)

 

$

(19,908

)

 

$

(50,541

)

 

$

(44,947

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

37,686,002

 

 

 

37,428,365

 

 

 

37,657,251

 

 

 

37,408,084

 

Less: Weighted-average unvested shares of common stock

 

 

(27,752

)

 

 

(271,386

)

 

 

(37,366

)

 

 

(319,701

)

Weighted-average common shares outstanding—basic and diluted

 

 

37,658,250

 

 

 

37,156,979

 

 

 

37,619,885

 

 

 

37,088,383

 

Net loss per share attributable to common stockholders—basic and diluted

 

$

(0.73

)

 

$

(0.54

)

 

$

(1.34

)

 

$

(1.21

)

 

Summary of Outstanding Potentially Dilutive Securities that have been Excluded from Calculation of Diluted Net Loss Per Unit

The following outstanding potentially dilutive securities have been excluded from the calculation of diluted net loss per share, as their effect would have been anti-dilutive:

 

Three and Six Months Ended
June 30,

 

 

2026

 

 

2025

 

Options to purchase common stock

 

 

4,348,978

 

 

 

4,388,377

 

Restricted stock units

 

 

2,265,153

 

 

 

232,304

 

Restricted stock subject to future vesting

 

 

13,852

 

 

 

684,744

 

Employee stock purchase plan

 

 

136,308

 

 

 

 

Total

 

 

6,764,291

 

 

 

5,305,425