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Net Loss Per Common Share | 6 Months Ended
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Jun. 30, 2026
Earnings Per Share [Abstract] |
Net Loss Per Common Share | 10. Net loss per common share: The following table presents the calculation of basic and diluted net loss per common share:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2026 |  |  | 2025 |  |  | 2026 |  |  | 2025 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net loss |  | $ | (110,736 | ) |  | $ | (84,706 | ) |  | $ | (213,038 | ) |  | $ | (149,753 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average common shares |  |  | 96,678,511 |  |  |  | 76,780,364 |  |  |  | 90,838,269 |  |  |  | 76,647,393 |
Weighted-average pre-funded warrants |  |  | 2,931,293 |  |  |  | 2,173,081 |  |  |  | 2,639,492 |  |  |  | 2,173,081 |
Weighted-average common shares outstanding – basic and diluted |  |  | 99,609,804 |  |  |  | 78,953,445 |  |  |  | 93,477,761 |  |  |  | 78,820,474 |
Net loss per common share – basic and diluted |  | $ | (1.11 | ) |  | $ | (1.07 | ) |  | $ | (2.28 | ) |  | $ | (1.90 | )
The weighted-average number of common shares used in the basic and diluted net loss per common share calculations includes the weighted-average pre-funded warrants outstanding during the period, as they are exercisable at any time for nominal cash consideration (note 8b). The Company reported net losses for the three and six month periods ended June 30, 2026 and 2025, and therefore excluded the potentially dilutive outstanding securities from the computation of diluted net loss per common share as their inclusion would have had an anti-dilutive effect. The following table summarizes potentially dilutive securities:
|  | Six Months Ended June 30, |  |
|  | 2026 |  |  | 2025 |  |
Stock options |  |  | 11,810,532 |  |  |  | 11,675,136 |  |
RSUs |  |  | 696,231 |  |  |  | 316,957 |  |
PSUs |  |  | 175,450 |  |  |  | 275,550 |  |
Warrants |  |  | — |  |  |  | 40,000 |  |
Total |  |  | 12,682,213 |  |  |  | 12,307,643 |  |

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