XML 35 R23.htm IDEA: XBRL DOCUMENT v3.25.4
Net Loss per Share
 12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Net Loss per Share Net Loss per Share
Basic net loss per share is computed by dividing the net loss by the weighted-average number of shares of common stock of the Company outstanding during the period. Diluted net loss per share is computed by giving effect to all potential shares of common stock of the Company, including outstanding stock options and convertible notes, to the extent dilutive. Basic and diluted net loss per share was the same for each period presented as the inclusion of all potential shares of common stock of the Company outstanding would have been anti-dilutive. As of December 31, 2025, the Company had 1.6 million outstanding stock options, 7.8 million outstanding RSUs, and 3.1 million outstanding PSUs.

The following table presents the calculation of basic and diluted net loss per share for the Company’s common stock (in thousands, except shares and per share data):

Year Ended December 31,
202520242023
Net loss$(200,322)$(1,001,245)$(220,368)
Weighted-average shares used to compute basic and diluted net loss per share176,221,530170,564,088164,578,219
Net loss per share, basic and diluted$(1.14)$(5.87)$(1.34)