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Net Loss Per Share | 3 Months Ended
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Mar. 31, 2026
Net Loss Per Share |
Net Loss Per Share | 12. Net Loss Per Share Basic net loss per share was calculated as follows for the three months ended March 31, 2026 and 2025: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​
​ | ​ | March 31, | ​
​ | ​ ​ ​ | 2026 | ​ ​ ​ | 2025 | ​ ​ ​
Numerator: |  | ​ | ​ | ​ | ​ | ​ | ​
Net loss attributable to common stockholders | ​ | $ | (88,612) | ​ | $ | (64,053) | ​
Denominator: | ​ |  | ​ | ​ |  | ​ | ​
Weighted average common shares outstanding, basic | ​ |  | 224,099,410 | ​ |  | 169,396,989 | ​
Net loss per share - basic | ​ | $ | (0.40) | ​ | $ | (0.38) | ​
​ For the three months ended March 31, 2026 and 2025, respectively, there was no dilutive impact from potentially issuable common shares. Therefore, diluted net loss per share was the same as basic net loss per share. As of March 31, 2026 and March 31, 2025, 5,818,592 and 10,805,957, respectively, outstanding Pre-Funded Warrants (Note 10) are included in the calculation of basic and diluted net loss per share. The Company excluded the following potentially issuable common shares, outstanding as of March 31, 2026 and 2025, respectively, from the computation of diluted net loss per share for the three months ended March 31, 2026 and 2025, respectively, because they had an anti-dilutive impact: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​
​ | ​ | March 31, | ​
​ | ​ | 2026 | ​ ​ ​ | 2025 | ​ ​ ​
Options to purchase common stock | ​ | ​ | 26,357,791 | ​ | ​ | 21,182,163 | ​
RSUs | ​ | ​ | 4,775,337 | ​ | ​ | 4,968,304 | ​
PSUs | ​ | ​ | 1,500,000 | ​ | ​ | 1,500,000 | ​
​ | ​ | ​ | 32,633,128 | ​ | ​ | 27,650,467 | ​
​

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