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Net Loss Per Share (Tables)

9 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

Summary of Computation of Company's Basic and Diluted 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								Nine Months Ended
		September 30,								September 30,
		2024				2023				2024				2023
		(in thousands, except share and per share amounts)
Numerator:
Net loss		$	(48,787	)		$	(49,284	)		$	(155,018	)		$	(137,858	)
Denominator:
Shares used in computing net loss per share			82,043,671				60,599,025				74,934,737				59,894,181
Net loss per share, basic and diluted		$	(0.59	)		$	(0.81	)		$	(2.07	)		$	(2.30	)

Summary of Common Stock Equivalents of Antidilutive Securities Excluded from Computation of Diluted Net Loss per Share

The following common stock equivalents were excluded from the computation of diluted net loss per share for the nine months ended September 30, 2024, and 2023, because including them would have been antidilutive:

		As of September 30,
		2024				2023
Common stock options issued and outstanding			8,904,562				7,920,561
Restricted stock units issued and outstanding			6,022,734				5,213,248
Warrants to purchase common stock			127,616				127,616
Shares to be issued under employee stock purchase plan			35,293				38,772
Total			15,090,205				13,300,197

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- References

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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