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Loss Per Share (Tables)
9 Months Ended
Sep. 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 September 30,

 

 

Nine Months Ended September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

 

(In thousands)

 

Net loss

 

$

(135,712

)

 

$

(122,224

)

 

$

(390,123

)

 

$

(349,031

)

Weighted average shares outstanding, basic and diluted

 

 

101,002

 

 

 

88,645

 

 

 

97,842

 

 

 

88,204

 

Net loss per share, basic and diluted

 

$

(1.34

)

 

$

(1.38

)

 

$

(3.99

)

 

$

(3.96

)

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 Nine Months Ended September 30,

 

 

 

2024

 

 

2023

 

 

 

(In thousands)

 

Unvested restricted stock units

 

 

5,451

 

 

 

3,925

 

Stock options

 

 

5,479

 

 

 

5,591

 

 

 

10,930

 

 

 

9,516