Three Months Ended September 30,

Nine Months Ended September 30,

2025

2024

2025

2024

Numerator:

Net income (loss), basic

$

15,896

$

(106,654)

$

817,609

$

(297,409)

Add: Interest expense, net of tax, on the Company's 2026 Convertible Notes

1,096

—

3,257

—

Net income (loss), diluted

$

16,992

$

(106,654)

$

820,866

$

(297,409)

Denominator:

Weighted-average number of shares outstanding, basic

78,471,119

76,925,523

78,642,478

76,716,340

Effect of dilutive securities:

Common stock issuable under the Company's equity incentive plans

3,170,135

—

2,783,134

—

Common stock issuable under the Company's 2026 Convertible Notes

5,474,115

—

5,474,115

—

Weighted-average common shares outstanding, diluted

87,115,369

76,925,523

86,899,727

76,716,340

Net income (loss) per common share, basic

$

0.20

$

(1.39)

*

$

10.40

$

(3.88)

*

Net income (loss) per common share, diluted

$

0.20

$

(1.39)

*

$

9.45

$

(3.88)

*