v3.26.3
Net Income (Loss) Per Share - Schedule of Computation of Basic and Diluted Net Income (Loss) Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Numerator:        
Net income (loss) $ 70,126 $ (126,902) $ (185,874) $ (383,991)
Denominator:        
Common stock shares outstanding (in shares) 160,055,881 146,375,427 159,121,014 145,656,118
Pre-funded warrants (in shares) 28,331,779 26,046,065 28,331,779 26,046,065
Weighted-average number of shares outstanding, basic (in shares) 188,387,660 172,421,492 187,452,793 171,702,183
Dilutive effect of outstanding common stock options, ESPP shares issuable, and restricted shares (in shares) 3,690,195 0 0 0
Weighted-average number of shares outstanding, diluted (in shares) 192,077,855 172,421,492 187,452,793 171,702,183
Net income (loss) per share, basic (usd per share) $ 0.37 $ (0.74) $ (0.99) $ (2.24)
Net income (loss) per share, diluted (usd per share) $ 0.37 $ (0.74) $ (0.99) $ (2.24)