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Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Loss Per Share

Basic and diluted loss per share was calculated as follows:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

 

(In thousands)

 

Net loss

 

$

(146,975

)

 

$

(123,681

)

 

$

(254,411

)

 

$

(226,807

)

Weighted average shares outstanding, basic and diluted

 

 

96,975

 

 

 

88,185

 

 

 

96,238

 

 

 

87,979

 

Net loss per share, basic and diluted

 

$

(1.52

)

 

$

(1.40

)

 

$

(2.64

)

 

$

(2.58

)

Potential Dilutive Securities Excluded from Computation of Diluted Net Loss Per Common Share

The following common stock equivalents were excluded from the calculation of diluted loss per share because their inclusion would have been anti-dilutive:

 

 

Three and Six Months Ended June 30,

 

 

 

2024

 

 

2023

 

 

 

(In thousands)

 

Unvested restricted stock units

 

 

5,371

 

 

 

4,087

 

Stock options

 

 

5,709

 

 

 

5,901

 

 

 

11,080

 

 

 

9,988