Basic net loss per share is computed by dividing net loss by basic weighted-average shares outstanding during the period. Diluted net loss per share is computed by dividing net loss by diluted weighted-average shares outstanding, including potentially dilutive securities.

The following table presents the computation of basic and diluted net loss per share of common stock:


	Three months ended September 30,				Nine months ended September 30,
	2026		2025		2026		2025
	(in thousands, except per share amounts)
Net loss attributable to common stockholders	$	(11,255)	$	(29,483)	$	(47,370)	$	(106,172)
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted	159,989		148,129		157,078		145,749
Net loss per share attributable to common stockholders, basic and diluted	$	(0.07)	$	(0.20)	$	(0.30)	$	(0.73)

The following securities were excluded from the computation of diluted net loss per share of common stock for the periods presented as their effect would have been antidilutive:


	Number of Shares
	As of September 30,
	2026	2025
	(in thousands)
Stock options	1,437	1,785
RSUs	11,613	15,244
PSUs	2,174	2,152
Shares issuable pursuant to the ESPP	326	627
Convertible senior notes (if-converted)	19,391	9,433
Total	34,941	29,241

The dilution table above excludes RSUs to be awarded under the Company’s 2026 Bonus Program, which is expected to have an impact on its outstanding awards in the first quarter of 2027. Refer to Note 10 — Stockholders' Equity for further details on the Company’s 2026 Bonus Program.