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Organization and Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Computation of Basic and Diluted Loss Per Share

The following table sets forth the computation of basic and diluted loss per share (in thousands, except per share data):

 

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

Numerator:

 

 

 

 

 

 

 

 

 

Net loss

 

$

(162,123

)

 

$

(186,638

)

 

$

(151,293

)

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

142,946

 

 

 

121,242

 

 

 

103,373

 

Net loss per share, basic and diluted

 

$

(1.13

)

 

$

(1.54

)

 

$

(1.46

)

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 years presented (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

Options to purchase common stock and employee stock purchase plan

 

 

2,204

 

 

 

2,555

 

 

 

2,991

 

Unvested restricted stock units

 

 

7,426

 

 

 

7,713

 

 

 

8,533

 

Warrants to purchase common stock

 

 

9,316

 

 

 

8,219

 

 

 

15,491

 

Senior convertible notes

 

 

17,246

 

 

 

17,246

 

 

 

17,246

 

 

 

36,192

 

 

 

35,733

 

 

 

44,261