Net Loss Per Share Attributable to Common Stockholders

6 Months Ended

Jun. 30, 2025

Net Loss Per Share Attributable to Common Stockholders

(8) Net Loss Per Share Attributable to Common Stockholders

The Company computes net loss per share of Class A common stock, Class B common stock and participating securities using the two-class method. Basic and diluted EPS are the same for each class of common stock and participating securities because they are entitled to the same liquidation and dividend rights. The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share data):


	Three Months Ended June 30,						Six Months Ended June 30,
	2025			2024			2025			2024
Net loss	$	(26,437	)	$	(13,704	)	$	(41,513	)	$	(30,308	)
Net (loss) income attributable to noncontrolling interest		(3	)		(7	)		(1	)		5
Net loss attributable to common stockholders	$	(26,434	)	$	(13,697	)	$	(41,512	)	$	(30,313	)

Weighted-average number of shares outstanding used to compute net loss per share attributable to common stockholders, basic and diluted, of Class A and Class B common stock		50,699,914			48,840,100			50,518,492			48,709,040
Net loss per share attributable to common stockholders, basic and diluted, of Class A and Class B common stock	$	(0.52	)	$	(0.28	)	$	(0.82	)	$	(0.62	)

The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net loss per share because including them would have had an anti-dilutive effect, or issuance of such shares is contingent upon the occurrence of an event:


	June 30,
	2025		2024
Stock options outstanding		1,702,082		2,499,664
Unvested restricted stock units		2,826,005		2,731,265
Unvested performance restricted stock units		461,237		336,118
Shares reserved for charitable contribution		120,796		201,328
2027 Notes		1,529,157		5,123,624
2030 Notes		5,312,375		—
Total shares		11,951,652		10,891,999