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Net Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Summary of Computation of Basic and Diluted Net Loss Per Share

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

 

 

 

Three Months Ended March 31,

 

 

 

2025

 

 

2024

 

 

 

(in thousands, except per share amounts)

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(67,992

)

 

$

(53,721

)

Denominator:

 

 

 

 

 

 

Weighted-average common shares outstanding, basic and diluted

 

 

161,451

 

 

 

157,943

 

Net loss per share, basic and diluted

 

$

(0.42

)

 

$

(0.34

)

Summary of Outstanding Potentially Dilutive Common Stock Equivalents were Excluded from Computation of Diluted Net Loss Per Share

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,

 

 

 

2025

 

 

2024

 

 

 

(in thousands)

 

Common stock options and restricted stock units

 

 

25,187

 

 

 

17,084

 

Early exercised stock options subject to future vesting

 

 

26

 

 

 

55

 

Unvested restricted stock awards

 

 

111

 

 

 

650

 

Performance restricted stock (with performance conditions to be established)

 

 

 

 

 

255

 

Employee stock purchase plan

 

 

272

 

 

 

 

Total

 

 

25,596

 

 

 

18,044