Net Loss Per Share

3 Months Ended

Mar. 31, 2025

Earnings Per Share [Abstract]

Net Loss Per Share

Net loss per share

The following table summarizes potentially dilutive securities excluded from the computation of diluted net loss per share calculations because they would have been antidilutive (in millions):

	At March 31,
	2025	2024
Common stock options issued and outstanding	18.0	15.3
Restricted stock units issued	4.3	3.1
Employee stock purchase plan shares	0.3	0.3
Total potential dilutive securities	22.6	18.7

We have also excluded the effect of Gilead’s right to purchase additional shares of our common stock from the calculation as these rights had no intrinsic value at either March 31, 2025 or 2024.