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Net Loss Per Share (Tables)
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss per Share

The following table sets forth the computation of the basic and diluted net loss per share of the years ended December 31, 2024 and 2023 (in thousands, except share and per share data):

 

 

 

Twelve Months Ended
December 31,

 

 

 

2024

 

 

2023

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(129,865

)

 

$

(116,798

)

Denominator:

 

 

 

 

 

 

Weighted-average shares used to compute net loss per share, basic and diluted

 

 

40,761,143

 

 

 

38,338,161

 

Net loss per share, basic and diluted

 

$

(3.19

)

 

$

(3.05

)

Potentially Dilutive Securities not Included in Diluted per Share Calculations

Potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows:

 

 

 

As of December 31,

 

 

 

2024

 

 

2023

 

Stock options issued and outstanding under the 2019 Plan and 2015 Stock Plan

 

 

5,005,320

 

 

 

4,099,947

 

Estimated shares issuable under the 2019 ESPP

 

 

62,896

 

 

 

21,904

 

RSUs subject to future vesting

 

 

 

 

 

13,500

 

Total

 

 

5,068,216

 

 

 

4,135,351