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NET LOSS PER SHARE
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
NET LOSS PER SHARE NET LOSS PER SHARE
Basic net loss per share is calculated by dividing net loss by the weighted-average number of common shares outstanding during the period and excludes any dilutive effect of stock-based awards. Diluted net loss per common share is computed giving effect to all potential dilutive common shares, including common stock issuable upon exercise of stock options, unvested restricted stock units and ESPP shares issuable pursuant to the current purchase period. As we had net losses for the 2025 and 2024 first quarters, all potential common shares were determined to be anti-dilutive during those periods.
The following table sets forth the computation of net loss per common share:
(in thousands, except per share amounts)
Three Months Ended March 31,
Numerator
20252024
Net loss$(41,144)$(26,518)
Denominator
Weighted average common shares outstanding - basic and diluted
238,624 233,066 
Net loss per share of common stock - basic and diluted$(0.17)$(0.11)
The total numbers of securities that could potentially dilute net income per share in the future that were not considered in the diluted net loss per share calculations because the effect would have been anti-dilutive were as follows:
Three Months Ended March 31,
(in thousands)20252024
Options to purchase common stock29,12926,681
Restricted stock units10,3707,024
ESPP shares issuable213227
Total39,71233,932