Basic net loss per common share is computed by dividing the net loss by the weighted-average number of common shares outstanding during the period, without consideration of common stock equivalents. Diluted net loss per common share is computed by dividing the net loss by the sum of the weighted-average number of common shares outstanding and potential dilutive common stock equivalents outstanding during the period as determined in accordance with the treasury stock method. For periods that the Company was in a net loss position, basic net loss per share is the same as diluted net loss per share as the inclusion of all potential common stock equivalents outstanding would have been anti-dilutive.


	Three Months Ended September 30,				Nine Months Ended September 30,
	2026		2025		2026		2025
Net loss	$	(96,252)	$	(163,141)	$	(141,867)	$	(395,064)

Weighted-average shares outstanding, basic and diluted	169,275,049		138,930,173		161,555,686		138,287,533







Net loss per share, basic and diluted	$	(0.57)	$	(1.17)	$	(0.88)	$	(2.86)

Securities that could potentially dilute basic net loss per common share in the future that were not included in the computation of diluted net loss per common share because to do so would have been antidilutive for the periods presented were primarily as follows:


	Three and Nine Months Ended September 30,
	2026	2025
Options issued and outstanding	9,487,422	8,808,357
Unvested restricted shares	6,417,276	5,984,554
Total	15,904,698	14,792,911