XML 26 R17.htm IDEA: XBRL DOCUMENT
v3.25.1

Net Income (Loss) Per Share | 3 Months Ended
--- | ---
Mar. 31, 2025
Earnings Per Share [Abstract] |
Net income (loss) per share | 9. Net income (loss) per share The following table summarizes the computation of basic and diluted net loss per share of the Company (in thousands except share and per share amounts):
|  | Three Months Ended March 31, |
|  | 2025 |  |  | 2024 |
Numerator: |  |  |  |  |  |
Net income (loss) |  | $ | 112,879 |  |  | $ | (26,374 | )
Denominator: |  |  |  |  |  |
Weighted-average number of common shares, basic |  |  | 57,862,674 |  |  |  | 46,246,889 |
Weighted-average number of common shares, diluted |  |  | 59,398,600 |  |  |  | 46,246,889 |
Net loss per share, basic |  | $ | 1.95 |  |  | $ | (0.57 | )
Net loss per share, diluted |  | $ | 1.90 |  |  | $ | (0.57 | )
As the Company had net income during the three months ended March 31, 2025, the Company’s potential dilutive securities, which include stock options, restricted stock units and performance stock units, were included in the calculation of diluted net income per share attributable to common stockholders. For the three months ended March 31, 2024, the Company’s potential dilutive securities, which include stock options, restricted stock units and performance stock units have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share. Therefore, the weighted-average number of common stock outstanding used to calculate both basic and diluted net loss per share attributable to common stockholders is the same for the three months ended March 31, 2024. The Company excluded the following potential common stock, presented based on amounts outstanding at March 31, 2025 and 2024 from the computation of diluted net loss per share attributable to common stockholders because including them would have had an anti-dilutive effect.
|  | March 31, |
|  | 2025 |  |  | 2024 |
Outstanding options to purchase common stock |  |  | 7,214,876 |  |  |  | 7,439,396 |
Restricted stock units |  |  | 589,219 |  |  |  | 2,410,752 |
Performance stock units |  |  | 73,000 |  |  |  | — |
Total |  |  | 7,877,095 |  |  |  | 9,850,148 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration