Net Loss per Share (Tables)

9 Months Ended

Sep. 30, 2026

Schedule of Basic and Diluted Net Loss Per Share

Basic and diluted net loss per share attributable to common stockholders was calculated as follows:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2026		2025		2026		2025
Numerator:
Net loss attributable to common stockholders ($ in millions)	$	(43.7)	$	(37.5)	$	(122.9)	$	(143.8)
Denominator:
Weighted average common shares outstanding - basic and diluted	77,544,773		74,194,138		76,949,983		73,520,889
Net loss per share attributable to common stockholders - basic and diluted	$	(0.56)	$	(0.51)	$	(1.60)	$	(1.96)

Schedule of Antidilutive Potential Common Shares

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


	September 30,
		2026	2025
Options to purchase common stock		6,669,405	8,019,341
Unvested restricted stock		5,134,939	3,538,323
Warrants for common stock (1)		—	412,969
Total		11,804,344	11,970,633

(1) Each outstanding warrant of Metromile assumed by the Company converted automatically into warrants denominated in the Company's common stock with the number of warrants and exercise price adjusted based on the exchange ratio of 0.05263. These warrants expired on February 9, 2026.