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Net Loss per Share
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Net Loss per Share Net Loss per Share
The following table sets forth the computation of basic and diluted net loss per share:
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Net loss $(231,793)$(56,254)$(860,414)$(160,112)
Basic and diluted weighted average number of shares of common stock outstanding
743,415,917 726,656,045 741,388,536 712,168,381 
Basic net loss per share $(0.31)$(0.08)$(1.16)$(0.22)
Diluted net loss per share $(0.31)$(0.08)$(1.16)$(0.22)

Basic net loss per share is computed by dividing the net loss by the weighted-average number of common shares outstanding for the period. Diluted net loss per share is computed by dividing the diluted net loss by the weighted-average number of common shares outstanding for the period, including potentially dilutive common shares. Since the Company was in a loss position for all periods presented, basic net loss per share is the same as diluted net loss per share for all periods, as the inclusion of all potential common share equivalents outstanding would have been anti-dilutive.

The following potentially dilutive securities were excluded from the computation of the diluted net loss per share of common stock for the periods presented because their effect would have been anti-dilutive:
September 30,
20252024
Options to purchase common stock114,097,49568,579,042
Warrants— 4,945,669
Shares expected to be purchased under employee stock purchase plan65,90586,550
Total
114,163,40073,611,261

Stock options that are outstanding and contain improbable vesting criteria are excluded from the presentation of common stock equivalents outstanding in the table above.