Net Loss Per Share

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Net Loss Per Share

Net Loss per Share

The Company has one class of common stock. The diluted net loss per share attributable to common stockholders is calculated by giving effect to all potentially dilutive common stock equivalents during the period using the treasury stock method or the if-converted method, if applicable. The Company’s stock options, warrants, and early exercised stock options are considered to be potential common stock equivalents but have been excluded from the calculation of diluted net loss per share attributable to common stockholders because the holders of these securities do not have a contractual right to share in the Company's losses, and their effect would be antidilutive. Therefore, the net loss for the years ended December 31, 2024 and 2023 was attributed to common stockholders only.

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders for the periods presented (in thousands, except for share and per share data):

	Year Ended December 31,
	2024		2023
Numerator:
Net loss attributable to common stockholders, basic	$	(66,333)	$	(90,221)
Net loss attributable to common stockholders, diluted	$	(66,333)	$	(90,221)
Denominator:
Weighted-average number of shares used to compute net loss per share attributable to common stockholders, basic	183,160,263		173,402,167
Weighted-average number of shares used to compute net loss per share attributable to common stockholders, diluted	183,160,263		173,402,167
Net loss per share attributed to common stockholders:
Basic	$	(0.36)	$	(0.52)
Diluted	$	(0.36)	$	(0.52)

The following potentially dilutive shares were excluded in the calculation of diluted shares outstanding as the effect would have been anti-dilutive:

	Year Ended December 31,
	2024	2023
Warrants to purchase common stock	3,048,679	3,282,652
Private Placement Warrants	7,386,667	7,386,667
Common stock subject to repurchase	140,857	435,136
Outstanding options	7,032,106	7,813,366
Restricted stock units	12,602,962	17,434,138
Total	30,211,271	36,351,959

(1)    Warrants to purchase common stock includes the December 2023 Warrants and common stock warrants. See Note 9, "Warrants", for additional information.