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Net Loss Per Share | 12 Months Ended
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Dec. 31, 2024
Earnings Per Share [Abstract] |
Net Loss Per Share | Net Loss Per Share Basic net loss per share is computed by dividing net loss by the weighted-average number of shares of common stock of the Company outstanding during the period. Diluted net loss per share is computed by giving effect to all common stock equivalents of the Company, including equity-classified share-based compensation, the Brookfield SAFE, and warrants, to the extent dilutive. The following table presents the calculation of basic and diluted net loss per share for the Company’s common stock (in thousands, except shares and per share amounts):
|  |  | Years Ended December 31,
|  |  |  |  | 2024 |  | 2023
Numerator: |  |  |  |  |  |  |
Net loss for basic and diluted earnings per common share |  |  |  |  | $ | (137,731) |  |  | $ | (134,098) |
Unpaid cumulative dividends on preferred stock |  |  |  |  | — |  |  | (4,117) |
Net loss allocated to common shareholders |  |  |  |  | $ | (137,731) |  |  | $ | (138,215) |
Denominator: |  |  |  |  |  |  |
Weighted-average shares used in calculating net loss per share, basic and diluted |  |  |  |  | 197,579,945 |  |  | 176,023,219 |
Net loss per common share, basic and diluted(1) |  |  |  |  | $ | (0.70) |  |  | $ | (0.79) |
__________________ (1)In periods in which the Company reports a net loss, all common stock equivalents are excluded from the calculation of diluted weighted average shares outstanding because of their anti-dilutive effect on loss per share. As of December 31, 2024 and 2023, common stock equivalents not included in the computation of loss per share because their effect would be antidilutive included the following:
| December 31,
| 2024 |  | 2023
Options | 18,658,807 |  |  | 16,411,978 |
RSUs | 7,767,910 |  |  | 7,084,967 |
Convertible Note | 32,000,000 |  |  | — |
Brookfield SAFE | 5,000,000 |  |  | 5,000,000 |
Warrants | 16,657,686 |  |  | 16,657,686 |
Total | 80,084,403 |  |  | 45,154,631 |

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