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

The following table summarizes the computation of basic and diluted net loss per share of the Company (in thousands, except share and per share data):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

 

2025

 

 

2026

 

 

2025

 

Net loss

 

$

(44,079

)

 

 

$

(33,876

)

 

$

(227,519

)

 

$

(64,842

)

Weighted-average shares of common stock used in computing net loss per share, basic and diluted

 

 

311,336,806

 

 

 

 

283,355,730

 

 

 

307,846,523

 

 

 

283,308,273

 

Net loss per share, basic and diluted

 

$

(0.14

)

 

 

$

(0.12

)

 

$

(0.74

)

 

$

(0.23

)

 

 

Anti-dilutive Securities Excluded from Calculation of Diluted Net Loss Per Share The Company excluded the following potential common shares, presented as amounts outstanding at each period end, from the computation of diluted net loss per share for the periods indicated because including them would have had an anti-dilutive effect:

 

 

 

June 30,

 

 

 

June 30,

 

 

 

2026

 

 

 

2025

 

Options to purchase common stock

 

 

57,641,453

 

 

 

 

47,790,988

 

Estimated shares purchasable under the ESPP

 

 

854,763

 

 

 

 

1,521,200

 

Total potentially dilutive shares

 

 

58,496,216

 

 

 

 

49,312,188