Net Loss Per Share (Tables)

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Schedule of calculation of basic and diluted net loss per share

As the Company uses the two-class method required for companies with multiple classes of common stock, the following table presents the calculation of basic and diluted net loss per share for each class of the Company’s common stock outstanding (in thousands, except share and per share amounts):

Year ended December 31, 2024
	Class A		Class B		Total Common Stock
Numerator:
Allocation of undistributed earnings	$	(63,442)	$	(9,050)	$	(72,492)
Numerator for basic and diluted net loss per share – loss available to common stockholders	$	(63,442)	$	(9,050)	$	(72,492)
Denominator:
Weighted-average common shares outstanding	185,255,823		26,426,937		211,682,760
Denominator for basic and diluted net loss per share – weighted-average common stock	185,255,823		26,426,937		211,682,760
Basic and diluted net loss per share	$	(0.34)	$	(0.34)	$	(0.34)

Year ended December 31, 2023
	Class A		Class B		Total Common Stock
Numerator:
Allocation of undistributed earnings	$	(116,497)	$	(17,203)	$	(133,700)
Numerator for basic and diluted net loss per share – loss available to common stockholders	$	(116,497)	$	(17,203)	$	(133,700)
Denominator:
Weighted-average common shares outstanding	178,958,607		26,426,937		205,385,544
Denominator for basic and diluted net loss per share – weighted-average common stock	178,958,607		26,426,937		205,385,544
Basic and diluted net loss per share	$	(0.65)	$	(0.65)	$	(0.65)

Year ended December 31, 2022
	Class A		Class B		Total Common Stock
Numerator:
Allocation of undistributed earnings	$	(146,412)	$	(22,311)	$	(168,723)
Numerator for basic and diluted net loss per share – loss available to common stockholders	$	(146,412)	$	(22,311)	$	(168,723)
Denominator:
Weighted-average common shares outstanding	173,421,449		26,426,937		199,848,386
Denominator for basic and diluted net loss per share – weighted-average common stock	173,421,449		26,426,937		199,848,386
Basic and diluted net loss per share	$	(0.84)	$	(0.84)	$	(0.84)

Schedule of anti-dilutive common equivalent shares

Anti-dilutive common equivalent shares were as follows:

	December 31,
	2024	2023	2022
Outstanding options to purchase common stock	6,560,736	7,439,187	12,571,912
Outstanding restricted stock units	21,250,230	15,569,983	9,961,291
Outstanding employee stock purchase plan options	1,948,409	—	—
Outstanding warrants	20,652,690	20,652,690	20,652,690
Total anti-dilutive common equivalent shares	50,412,065	43,661,860	43,185,893