Net Loss Per Share

9 Months Ended

Sep. 30, 2024

11. Net Loss Per Share

The following table summarizes the computation of basic and diluted net loss per share:


	Three Months Ended September 30,						Nine Months Ended September 30,
	2024			2023			2024			2023
	(in thousands, except per share amounts)						(in thousands, except per share amounts)
Numerator:
Net loss	$	(72,547	)	$	(53,027	)	$	(184,968	)	$	(127,195	)
Denominator:
Weighted-average common shares outstanding, basic and diluted		159,576			46,691			158,837			35,428
Net loss per share, basic and diluted	$	(0.45	)	$	(1.14	)	$	(1.16	)	$	(3.59	)

The following outstanding potentially dilutive common stock equivalents were excluded from the computation of diluted net loss per share for the periods presented because including them would have been antidilutive:


	September 30,
	2024		2023
	(in thousands)
Common stock options and restricted stock units		16,075		14,445
Early exercised stock options subject to future vesting		41		73
Unvested restricted stock awards		408		1,460
Performance restricted stock (with performance conditions to be established)		—		510
Employee stock purchase plan		31		—
Total		16,555		16,488