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Net Loss Per Share
 3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Net Loss Per Share

11. Net Loss Per Share

The following table summarizes the computation of basic and diluted net loss per share:

 

 

 

Three Months Ended March 31,

 

 

 

2024

 

 

2023

 

 

 

(in thousands, except per share amounts)

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(53,721

)

 

$

(35,625

)

Denominator:

 

 

 

 

 

 

Weighted-average common shares outstanding, basic and diluted

 

 

157,943

 

 

 

29,277

 

Net loss per share, basic and diluted

 

$

(0.34

)

 

$

(1.22

)

The following outstanding potentially dilutive common stock equivalents were excluded from the computation of diluted net loss per share for the periods presented because including them would have been antidilutive:

 

 

 

March 31,

 

 

 

2024

 

 

2023

 

 

 

(in thousands)

 

Convertible preferred stock

 

 

—

 

 

 

104,417

 

Common stock options and restricted stock units

 

 

17,084

 

 

 

9,777

 

Performance stock options (with performance conditions to be established)

 

 

—

 

 

 

300

 

Early exercised stock options subject to future vesting

 

 

55

 

 

 

116

 

Unvested restricted stock awards

 

 

650

 

 

 

2,314

 

Performance restricted stock (with performance conditions to be established)

 

 

255

 

 

 

510

 

Total

 

 

18,044

 

 

 

117,434