Net Loss per Share (Tables)

9 Months Ended

Sep. 30, 2026

Earnings Per Share [Abstract]

Schedule of Potential Common Shares Excluded from Computation of Diluted Net Loss per Share

The Company excluded the following potential common shares, presented based on amounts outstanding at period end, from the computation of diluted net loss per share because including them would have had an anti-dilutive effect:


		As of September 30,
		2026				2025
Unvested restricted stock			3,825,844				2,781,885
Outstanding options to purchase common stock			12,732,619				11,548,228
Total			16,558,463				14,330,113

Summary of Computation of Basic and Diluted Net Loss per Share

The following table summarizes the computation of basic and diluted net loss per share of the Company (in thousands, except share and per share amounts):


		Three Months Ended September 30,								Nine Months Ended September 30,
		2026				2025				2026				2025
Numerator:
Net loss		$	(134,405	)		$	(112,571	)		$	(351,401	)		$	(323,039	)
Denominator:
Weighted average common shares outstanding, basic and diluted			104,698,517				102,570,801				104,100,991				97,567,229
Net loss per common share, basic and diluted		$	(1.28	)		$	(1.10	)		$	(3.38	)		$	(3.31	)