v3.26.3
Net Loss Per Share
9 Months Ended
Sep. 30, 2026
Net Loss Per Share  
Net Loss Per Share

12.Net Loss Per Share

The Company’s potentially dilutive securities, which include stock options, RSUs, and convertible senior notes, have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share. Therefore, the weighted-average number of common shares outstanding used to calculate both basic and diluted net loss per share is the same. The Company excluded the following shares from the computation of diluted net loss per share as of September 30, 2026 and 2025 because including them would have had an anti-dilutive effect:

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September 30,

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2026

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2025

Options to purchase common stock

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11,667,480

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10,507,497

Unvested RSUs

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1,350,759

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525,350

Shares of common stock underlying convertible senior notes outstanding1

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8,679,234

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1 Represents conversion rate, as of September 30, 2026, of 37.7358 shares of common stock per $1,000 principal amount of notes.