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Net Loss per Share Attributable to Common Stockholders (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss per Share Attributable to Common Stockholders The following table summarizes the computation of basic and diluted net loss per share attributable to common stockholders of the Company:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

(In thousands, except share and per
share data)

 

 

(In thousands, except share and per
share data)

 

Numerator—basic and diluted:

 

 

 

 

 

 

 

 

 

 

 

Net loss

$

(49,363

)

 

$

(71,847

)

 

$

(92,036

)

 

$

(156,693

)

Net loss attributable to common
   stockholders—basic and diluted

$

(49,363

)

 

$

(71,847

)

 

$

(92,036

)

 

$

(156,693

)

Net loss per share attributable to common
   stockholders—basic and diluted

$

(0.55

)

 

$

(0.83

)

 

$

(1.04

)

 

$

(1.82

)

Denominator—basic and diluted:

 

 

 

 

 

 

 

 

 

 

 

Weighted-average number of common shares
   used to compute net loss per share attributable
   to common stockholders—basic and diluted

 

88,991,317

 

 

 

86,337,237

 

 

 

88,625,508

 

 

 

86,255,020

 

 

Potential Dilutive Securities Excluded from Computation of Diluted Net Loss per Common Share

The following potentially dilutive securities have been excluded from the computation of diluted weighted-average shares outstanding because such securities have an antidilutive impact due to losses reported (in common stock equivalent shares):

 

 

June 30,

 

 

 

2026

 

 

2025

 

Options to purchase common stock

 

 

13,389,854

 

 

 

13,933,003

 

Employee Stock Purchase Plan

 

 

54,887

 

 

 

88,999

 

Non-vested restricted stock units (RSUs)

 

 

3,348,409

 

 

 

2,577,678

 

Conversion of convertible notes

 

 

10,097,350