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Net Loss Per Share
12 Months Ended
Nov. 30, 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):
Year Ended November 30,
202420232022
Numerator:
Net loss$(193,569)$(143,948)$(180,360)
Denominator:
Weighted-average number of shares outstanding, basic and diluted (1)
67,120,26654,337,90148,607,990
Net loss per share, basic and diluted$(2.88)$(2.65)$(3.71)
(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 years ended November 30, 2024, 2023 and 2022.
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:
Years ended November 30,
202420232022
Options to purchase common stock issued and outstanding9,839,4548,340,9688,256,957
Options early exercised subject to vesting4,90922,246
Restricted stock units issued and outstanding1,956,0151,246,031784,824
Shares expected to be purchased under employee stock purchase plan71,541203,314123,194
Total11,867,0109,795,2229,187,221