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Net Loss Per Share | 6 Months Ended
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Jun. 30, 2025
Earnings Per Share [Abstract] |
Net Loss Per Share | 10. Net Loss Per Share The following table sets forth the computation of the Company's basic and diluted net loss per share:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net loss |  | $ | (39,480 | ) |  | $ | (25,072 | ) |  | $ | (78,762 | ) |  | $ | (49,375 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Shares used to compute net loss per share, basic and diluted |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares of common stock outstanding |  |  | 77,539,468 |  |  |  | 38,221,883 |  |  |  | 67,476,597 |  |  |  | 36,981,426 |
Weighted average shares of pre-funded warrants to purchase common stock |  |  | 16,600,818 |  |  |  | 2,712,478 |  |  |  | 12,840,991 |  |  |  | 2,563,441 |
Weighted average shares of common stock outstanding used to compute basic and diluted net loss per share |  |  | 94,140,286 |  |  |  | 40,934,361 |  |  |  | 80,317,588 |  |  |  | 39,544,867 |
Net loss per share, basic and diluted |  | $ | (0.42 | ) |  | $ | (0.61 | ) |  | $ | (0.98 | ) |  | $ | (1.25 | )
Included within weighted average shares of common stock outstanding for the three and six months ended June 30, 2025 and 2024 are 16,600,818 and 2,712,478 shares of common stock issuable upon the exercise of the pre-funded warrants, respectively. The pre-funded warrants are exercisable at any time for nominal consideration, and as such, the shares are considered outstanding for the purpose of calculating basic and diluted net loss per share. The outstanding securities presented below were excluded from the calculation of net loss per share because the inclusion of such securities would have been anti-dilutive due to the Company’s net loss per share during the periods presented.
|  | Three and Six Months Ended June 30, |
|  | 2025 |  |  | 2024 |
Options to purchase common stock |  |  | 3,324,305 |  |  |  | 2,890,045 |
Nonvested restricted stock units |  |  | 3,102,124 |  |  |  | 1,397,063 |
Nonvested performance stock units |  |  | 2,074,188 |  |  |  | 2,165,325 |
Shares subject to employee stock purchase plan |  |  | 216,802 |  |  |  | 250,188 |
Warrants |  |  | 2,563 |  |  |  | 9,230 |
Total |  |  | 8,719,982 |  |  |  | 6,711,851 |

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- 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
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