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

Basic and diluted net loss per share was calculated as follows (in thousands, except share and per share data):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(30,359

)

 

$

(36,952

)

 

$

(59,025

)

 

$

(71,079

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding, basic and diluted

 

 

129,948,878

 

 

 

129,730,451

 

 

 

129,931,225

 

 

 

129,704,655

 

Net loss per share, basic and diluted

 

$

(0.23

)

 

$

(0.28

)

 

$

(0.45

)

 

$

(0.55

)

Summary of Potential Common Shares Excluded from Computation of Diluted Net Loss per Share The Company excluded the following potential common shares 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,

 

 

 

2026

 

 

2025

 

Options to purchase common stock

 

 

20,349,469

 

 

 

17,917,902

 

Potential shares issuable under the 2021 employee stock purchase plan

 

 

200,755

 

 

 

109,984

 

Total

 

 

20,550,224

 

 

 

18,027,886