Net Loss Per Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Summary of Basic and Diluted Net Loss Per Share

The following table shows the calculation of basic and diluted net loss per share for the three and six months ended June 30, 2023 and 2022:


		Three Months Ended June 30,								Six Months Ended June 30,
		2023				2022				2023				2022
Basic net loss per share:
Numerator:
Net loss (in thousands)		$	(160,325	)		$	(126,260	)		$	(307,153	)		$	(248,315	)
Denominator:
Weighted average common stock outstanding —basic			59,769,640				59,266,322				59,722,147				59,148,246
Dilutive effect of shares of common stock equivalents resulting from common stock options and restricted stock units			—				—				—				—
Weighted average common stock outstanding —diluted			59,769,640				59,266,322				59,722,147				59,148,246
Net loss per share—basic and diluted		$	(2.68	)		$	(2.13	)		$	(5.14	)		$	(4.20	)

Summary of Anti-Dilutive Common Stock Equivalents Outstanding

The following table summarizes common stock equivalents outstanding that were excluded from the calculation of diluted net loss per share because including them would have been anti-dilutive as of June 30, 2023 and 2022:


		Three Months Ended June 30,								Six Months Ended June 30,
		2023				2022				2023				2022
Stock options			7,851,925				6,999,816				7,851,925				6,999,816
Restricted stock units			445,421				243,159				445,421				243,159
Employee stock purchase plan			87,938				33,614				87,938				33,614
			8,385,284				7,276,589				8,385,284				7,276,589