Net Loss Per Share Attributable To The Company

12 Months Ended

Dec. 31, 2025

Net Loss Per Share Attributable To The Company

NOTE 12 – NET LOSS PER SHARE ATTRIBUTABLE TO THE COMPANY

Basic net loss per share attributable to the Company is computed by dividing the net loss attributable to the Company by the number of weighted-average outstanding common shares in the period. Potentially dilutive common shares, such as common shares issuable upon vesting of restricted stock awards and units and shares purchased under the Employee Stock Purchase Plan (“ESPP”) are typically reflected in the computation of diluted net income per share by application of the treasury stock method. Due to the net losses reported, these potentially dilutive securities were excluded from the computation of diluted net loss per share, since their effect would be anti-dilutive.

The following table sets forth the computation of basic and diluted net loss per share attributable to the Company (in thousands, except per share amounts):


	Year Ended December 31,
	2025			2024			2023
Numerator:
Net loss attributable to the Company—basic and diluted	$	(56,339	)	$	(14,008	)	$	(136,613	)
Denominator:
Weighted-average number of shares used in computing net loss per share attributable to the Company—basic and diluted		45,869			45,057			43,012
Net loss per share attributable to the Company—basic and diluted	$	(1.23	)	$	(0.31	)	$	(3.18	)

The following potentially dilutive shares were excluded from the calculation of diluted net loss per share because their effect would have been anti-dilutive for the periods presented (in thousands):


	Year Ended December 31,
	2025		2024		2023
Stock options		—		52		106
Restricted stock units		6,650		7,405		7,067
ESPP		77		60		81
Total		6,727		7,517		7,254