v3.26.1
Net Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Net Loss Per Share

The Company has calculated basic and diluted net loss per share for the three and six months ended June 30, 2026 and 2025 as follows (in thousands, except share and per share data):

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(45,637

)

 

$

(27,019

)

 

$

(79,322

)

 

$

(54,502

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common stock outstanding—basic and diluted

 

 

94,863,400

 

 

 

58,015,718

 

 

 

81,231,222

 

 

 

54,092,728

 

Net loss per common share—basic and diluted

 

$

(0.48

)

 

$

(0.47

)

 

$

(0.98

)

 

$

(1.01

)

 

 

Summary of Dilutive Securities Excluded from Computation of Diluted Net Loss Per Share

The following potentially dilutive securities were excluded from the computation of the diluted net loss per share for the periods presented because their effect would have been antidilutive:

 

Six Months Ended
June 30,

 

 

 

2026

 

 

2025

 

Stock options to purchase common stock

 

 

10,097,183

 

 

 

6,860,747

 

Restricted stock units that vest into common stock

 

 

4,251,432

 

 

 

2,824,239

 

Warrants to purchase common stock

 

 

11,173,185

 

 

 

3,826,750

 

Total potential dilutive shares

 

 

25,521,800

 

 

 

13,511,736