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


	Three Months Ended June 30,						Six Months Ended June 30,
	2026			2025			2026			2025
Numerator:
Net loss	$	(39,702	)	$	(39,966	)	$	(80,293	)	$	(67,236	)
Denominator:
Weighted-average common shares outstanding, basic and diluted		54,567,976			53,770,868			54,450,798			53,694,424
Net loss per share attributable to common stockholders, basic and diluted	$	(0.73	)	$	(0.74	)	$	(1.47	)	$	(1.25	)

The following potentially dilutive securities have been excluded from the calculation of diluted net loss per share due to their anti-dilutive effect:


	As of June 30,
	2026		2025
Anti-dilutive common stock equivalents:
Stock options to purchase common stock		9,289,099		8,250,833
Unvested restricted common stock awards		327,520		—
Total anti-dilutive common stock equivalents		9,616,619		8,250,833