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Net Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Calculation of Basic and Diluted Net Loss Per Share
As the Company uses the two-class method required for companies with multiple classes of common stock, the following tables present the calculation of basic and diluted net loss per share for each class of the Company’s common stock outstanding (in thousands, except share and per share amounts):
Three months ended March 31, 2026
Class AClass BTotal
Common Stock
Numerator:
Allocation of undistributed earnings$(11,371)$(1,306)$(12,677)
Numerator for basic and diluted net loss per share – loss available to common stockholders$(11,371)$(1,306)$(12,677)
Denominator:
Weighted-average common shares outstanding230,089,31926,426,937256,516,256
Denominator for basic and diluted net loss per share – weighted-average common stock230,089,31926,426,937256,516,256
Basic and diluted net loss per share$(0.05)$(0.05)$(0.05)
Three months ended March 31, 2025
Class AClass BTotal
Common Stock
Numerator:
Allocation of undistributed earnings$(12,396)$(1,571)$(13,967)
Numerator for basic and diluted net loss per share – loss available to common stockholders$(12,396)$(1,571)$(13,967)
Denominator:
Weighted-average common shares outstanding208,496,59926,426,937234,923,536
Denominator for basic and diluted net loss per share – weighted-average common stock208,496,59926,426,937234,923,536
Basic and diluted net loss per share$(0.06)$(0.06)$(0.06)
Schedule of Anti-Dilutive Common Equivalent Shares
The following table summarizes the Company’s anti-dilutive common equivalent shares:
March 31,
20262025
Outstanding options to purchase common stock2,954,9136,265,978
Outstanding restricted stock units20,538,42123,238,345
Outstanding employee stock purchase plan options
1,769,6853,176,285
Outstanding warrants20,652,690
Total anti-dilutive common equivalent shares25,263,01953,333,298