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Net Loss Per Share
6 Months Ended
May 31, 2024
Earnings Per Share [Abstract]  
Net Loss Per Share Net Loss Per Share
The following table sets forth the computation of the Company’s basic and diluted net loss per share attributable to common stockholders, which excludes shares which are legally outstanding but subject to repurchase by the Company (in thousands, except share and per share data):
Three Months Ended
May 31,
Six Months Ended
May 31,
2024202320242023
Numerator:
Net loss$(44,546)$(24,277)$(86,064)$(65,010)
Denominator:
Weighted-average number of shares outstanding, basic and diluted(1)
62,377,55154,259,04558,660,90054,144,909
Net loss per share, basic and diluted$(0.71)$(0.45)$(1.47)$(1.20)
(1)
The shares underlying the pre-funded warrants to purchase shares of the Company’s common stock have been included in the calculation of the weighted-average number of shares outstanding, basic and diluted, for the three and six months ended May 31, 2024 and 2023.
The following potentially dilutive securities were excluded from the computation of the diluted net loss per share of common stock for the periods presented because their effect would have been anti-dilutive:
May 31,
20242023
Options to purchase common stock issued and outstanding9,972,0058,949,950
Options early exercised subject to vesting11,893
Restricted stock units issued and outstanding2,110,7191,489,429
Shares expected to be purchased under employee stock purchase plan110,065102,506
Total12,192,78910,553,778