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

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

)

Schedule of Dilutive Securities Excluded from Calculation of Diluted Net Loss per Share

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