Net Loss Per Share (Tables)

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Summary of Basic and Diluted Net Loss Per Share

Basic and diluted net loss per share was calculated as follows (in thousands, except share and per share data):

	Year Ended
	December 31,
	2024			2023
Numerator:
Net loss	$	(127,499	)	$	(89,218	)
Denominator:
Weighted-average common shares outstanding, basic and diluted		111,990,417			65,599,858
Net loss per share, basic and diluted	$	(1.14	)	$	(1.36	)

Summary of Potential Common Shares Excluded from Computation of Diluted Net Loss per Share

The Company excluded the following potential common shares from the computation of diluted net loss per share for the periods indicated because including them would have had an anti-dilutive effect:

	December 31,
	2024		2023
Options to purchase common stock		12,467,782		10,398,250
Potential shares issuable under the ESPP		138,133		-
Common stock issuable upon conversion of Loan Agreement		-		6,269,592
Total		12,605,915		16,667,842