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Net Loss Per Share (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss per Share

The following table sets forth the computation of the basic and diluted net loss per share for the three months and nine months ended September 30, 2024 and 2023 (in thousands, except share and per share data):

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(30,707

)

 

$

(50,990

)

 

$

(105,687

)

 

$

(115,333

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares of common stock outstanding, basic and diluted

 

 

52,693,878

 

 

 

41,147,938

 

 

 

51,544,501

 

 

 

40,963,015

 

Net loss per share, basic and diluted

 

$

(0.58

)

 

$

(1.24

)

 

$

(2.05

)

 

$

(2.82

)

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

The following outstanding potentially dilutive securities were excluded from the computation of diluted net loss per share for the three months and nine months ended September 30, 2024 and 2023 because including them would have been anti-dilutive:

 

 

Three Months and Nine Months Ended

 

 

 

September 30,

 

 

 

2024

 

 

2023

 

Stock options issued and outstanding

 

 

10,089,807

 

 

 

9,114,886

 

RSUs issued and outstanding

 

 

1,026,238

 

 

 

1,084,403

 

PSUs issued and outstanding

 

 

357,500

 

 

 

 

Employee Stock Purchase Plan estimated shares issuable

 

 

17,520

 

 

 

 

Total

 

 

11,491,065

 

 

 

10,199,289