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

Basic and diluted net income (loss) per share attributable to common stockholders was calculated as follows:

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

(in thousands, except share and per
share data)

 

 

(in thousands, except share and per
share data)

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(55,341

)

 

$

(38,853

)

 

$

(100,856

)

 

$

(78,729

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common stock outstanding – basic and diluted

 

 

149,875,939

 

 

 

110,540,836

 

 

 

148,660,404

 

 

 

110,494,397

 

Net loss per common share – basic and diluted

 

$

(0.37

)

 

$

(0.35

)

 

$

(0.68

)

 

$

(0.71

)

 

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share The Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share attributable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect:

 

Six Months Ended June 30,

 

 

2026

 

 

2025

 

Stock options to purchase common stock

 

 

21,806,034

 

 

 

23,729,595

 

Unvested restricted common stock

 

 

1,890,076

 

 

 

1,413,613

 

Total

 

 

23,696,110

 

 

 

25,143,208