Quarterly report [Sections 13 or 15(d)]

Net Income (Loss) Per Share (Tables)

v3.25.1
Net Income (Loss) Per Share (Tables)
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Earnings Per Share
The table below presents the computation of basic and diluted EPS:
Three Months Ended March 31,
2025 2024
(in thousands, except per share amounts)
Numerator:
Net loss $ (49,713) $ (72,309)
Denominator:
Weighted average common shares outstanding—basic 85,271  82,349 
Dilutive common stock equivalents —  — 
Weighted average common shares outstanding—diluted 85,271  82,349 
Net loss per share:
Basic $ (0.58) $ (0.88)
Diluted $ (0.58) $ (0.88)