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Net Loss per Share (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Summary of Basic and Diluted Net Loss per Share Attributable to Common Stockholders

Basic and diluted net income (loss) per share was calculated as follow:

			Three Months Ended June 30,												Six Months Ended June 30,
(in thousands, except share and per share data)			2024						2023						2024						2023
Numerator:
Net income (loss)			$	90,833					$	(55,712)					$	39,067					$	(79,732)
Denominator:
Weighted average shares of common stock outstanding—basic			200,440,473						168,737,764						200,216,035						157,415,524
Net income (loss) per share— basic			$	0.45					$	(0.33)					$	0.20					$	(0.51)
Effective of dilutive securities
Time-based restricted stock units			244,804						—						163,072						—
Employee stock purchase plan			116,034						—						76,776						—
Dilutive potential common shares			360,838						—						239,848						—
Weighted average shares of common stock outstanding—diluted			200,801,311						168,737,764						200,455,883						157,415,524
Net income (loss) per share— diluted			$	0.45					$	(0.33)					$	0.19					$	(0.51)

Schedule of Anti-dilutive Securities Excluded from Computation of Diluted Net Loss per Share Attributable to Common Stockholders

The Company excluded the following potential shares of common stock, presented based on amounts outstanding at each period end, from the computation of diluted net income (loss) per share for the periods indicated because including them would have had an anti-dilutive effect:

			Three Months Ended June 30,												Six Months Ended June 30,
			2024						2023						2024						2023
Options to purchase shares of common stock			9,906,298						3,583,186						9,906,298						3,583,186
Unvested restricted stock units			7,800,805						5,859,232						7,800,805						5,859,232
Warrants to purchase shares of common stock (excluding prefunded warrants, which are included in basic shares outstanding)			76,378,805						80,246,459						76,378,805						80,246,459
			94,085,908						89,688,877						94,085,908						89,688,877

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- References

No definition available.

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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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