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Net Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss Per Share

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

 

 

 

Three Months Ended
March 31,

 

 

 

2024

 

 

2023

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(48,495

)

 

$

(43,529

)

Denominator:

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

140,980

 

 

 

109,751

 

Net loss per share, basic and diluted:

 

$

(0.34

)

 

$

(0.40

)

 

Anti-Dilutive Securities of Common Stock Excluded from Calculation of Diluted Net Loss Per Share

The following potentially dilutive shares of common stock were excluded from the calculation of diluted net loss per share because their effect would have been anti-dilutive for the periods presented (in thousands):

 

 

 

As of
March 31,

 

 

 

2024

 

 

2023

 

Options to purchase common stock and employee stock purchase plan

 

 

2,611

 

 

 

2,706

 

Unvested restricted stock unit awards

 

 

8,783

 

 

 

7,037

 

Warrants to purchase common stock

 

 

8,216

 

 

 

9,654

 

Senior convertible notes

 

 

17,246

 

 

 

17,246

 

Total

 

 

36,856

 

 

 

36,643