Net Loss Per Share (Tables)

9 Months Ended

Sep. 30, 2026

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Net Loss Per Share

The following table sets forth the computation of the Company’s basic and diluted net loss per share for the three and nine months ended September 30, 2026 and 2025:


		Three Months Ended September 30,								Nine Months Ended September 30,
(in thousands, except share and per share amounts)		2026				2025				2026				2025
Numerator:
Net loss attributable to common stockholders		$	(86,727	)		$	(812,684	)		$	(369,119	)		$	(2,418,839	)
Denominator:
Weighted-average number of common shares outstanding, basic and diluted			59,669,730				6,681,794				52,389,596				6,397,121
Net loss per share attributable to common stockholders, basic and diluted		$	(1.45	)		$	(121.63	)		$	(7.05	)		$	(378.11	)

Potential Dilutive Securities Excluded from Computation of Diluted Net Loss Per Share

The Company’s potentially dilutive securities were stock options, restricted stock units, warrants, and performance stock units. Based on the amounts outstanding as of September 30, 2026 and 2025, the Company excluded the following potential common shares from the computation of diluted net loss per share attributable to common stockholders because including them would have had an anti-dilutive effect:


		As of September 30,
		2026				2025
Options to purchase common stock			7,669,746				5,280,272
Restricted stock units			385,516				883,136
Performance stock units			604,285				—
Warrants			34,664,213				52,346,123