NOTE 18: LOSS PER SHARE

The following table presents the computation of basic and diluted loss per share (“EPS”):

	Three Months Ended March 31,
	2026			2025
Basic and diluted EPS:
Numerator:
Net loss	$	(57,366	)	$	(98,523	)
Denominator:
Shares used in computing net loss per share of common stock, basic and diluted		60,517,248			58,121,502
Loss per share:
Basic and diluted	$	(0.95	)	$	(1.70	)

The following outstanding shares of common stock equivalents were excluded from the calculation due to their antidilutive nature:

	Three Months Ended March 31,
	2026		2025
Stock-based awards		4,547,263		2,191,912
Notes due 2025		-		1,249,560
Notes due 2029¹		9,819,347		9,819,347
Total shares excluded		14,366,610		13,260,819

¹ In conjunction with the issuance of the Notes 2029, in June 2024, the Company used approximately $25,230 of its net proceeds from this offering to pay the cost of the capped call transactions. In July 2024, following a subsequent issuance of the Notes 2029, $3,111 of net proceeds were used to pay the cost of capped call transactions. In accordance with ASC 260 "Earning Per Share", anti dilutive contracts, such as purchased call options, are excluded from the computation of diluted net income (loss) per share. Accordingly, any potential impact resulting from capped call transaction is excluded from the Company's computation of diluted net income (loss) per share.