Net Loss Per Share (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Summary of Computation of Basic and Diluted Net Loss Per Share

The following table summarizes the computation of basic and diluted net loss per share of the Company (in thousands, except share and per share data):


		Three Months Ended June 30,									Six Months Ended June 30,
		2024					2023				2024				2023
Net loss		$	(63,201	)			$	(31,781	)		$	(98,218	)		$	(64,980	)
Weighted-average shares of common stock used in computing net loss per share, basic and diluted			217,806,567					150,037,029				184,484,154				149,772,093
Net loss per share, basic and diluted		$	(0.29	)			$	(0.21	)		$	(0.53	)		$	(0.43	)

Anti-dilutive Securities Excluded from Calculation of Diluted Net Loss Per Share

The Company’s potentially dilutive securities, which include options to purchase common stock, shares purchasable under the ESPP and common stock subject to repurchase related to options early exercised, have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share. Therefore, the weighted-average number of common shares outstanding used to calculate both basic and diluted net loss per share is the same. The Company excluded the following potential common shares, presented as amounts outstanding at each period end, from the computation of diluted net loss per share for the periods indicated because including them would have had an anti-dilutive effect:


		June 30,					June 30,
		2024					2023
Options to purchase common stock			34,828,546					25,519,872
Options early exercised subject to future vesting			123,961					658,857
Estimated shares purchasable under the ESPP			798,238					1,350,546
Total potentially dilutive shares			35,750,745					27,529,275