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Net Loss per Share (Tables)
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Schedule of Potential Common Shares Excluded from Computation of Diluted Net Loss per Share The Company excluded the following potential common shares, presented based on amounts outstanding at period end, from the computation of diluted net loss per share because including them would have had an anti-dilutive effect:

 

 

As of March 31,

 

 

 

2025

 

 

2024

 

Unvested restricted stock

 

 

3,070,884

 

 

 

3,401,970

 

Outstanding options to purchase common stock

 

 

11,626,076

 

 

 

9,970,953

 

Total

 

 

14,696,960

 

 

 

13,372,923

 

Summary of Computation of Basic and Diluted Net Loss per Share

The following table summarizes the computation of basic and diluted net loss per share of the Company (in thousands, except share and per share amounts):

 

 

Three Months Ended March 31,

 

 

 

2025

 

 

2024

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(109,270

)

 

$

(98,669

)

Denominator:

 

 

 

 

 

 

Weighted average common shares outstanding, basic and diluted

 

 

87,975,311

 

 

 

81,698,633

 

Net loss per common share, basic and diluted

 

$

(1.24

)

 

$

(1.21

)