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Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2025
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 March 31,

 

 

 

2025

 

 

2024

 

 

 

(In thousands)

 

Net loss

 

$

(114,329

)

 

$

(107,436

)

Weighted average shares outstanding, basic and diluted

 

 

103,500

 

 

 

95,502

 

Net loss per share, basic and diluted

 

$

(1.10

)

 

$

(1.12

)

 

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 Months Ended March 31,

 

 

 

2025

 

 

2024

 

 

 

(In thousands)

 

Unvested restricted stock units

 

 

5,525

 

 

 

5,695

 

Stock options

 

 

5,903

 

 

 

5,910

 

 

 

11,428

 

 

 

11,605