Quarterly report [Sections 13 or 15(d)]

Net Income (Loss) Per Share (Tables)

v3.25.2
Net Income (Loss) Per Share (Tables)
 6 Months Ended
Jun. 30, 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 June 30, Six Months Ended June 30,
2025 2024 2025 2024
(in thousands, except per share amounts)
Numerator:
Net loss $ (26,586) $ (39,266) $ (76,299) $ (111,575)
Denominator:
Weighted average common shares outstanding—basic 86,626  83,477  85,952  82,913 
Dilutive common stock equivalents —  —  —  — 
Weighted average common shares outstanding—diluted 86,626  83,477  85,952  82,913 
Net loss per share:
Basic $ (0.31) $ (0.47) $ (0.89) $ (1.35)
Diluted $ (0.31) $ (0.47) $ (0.89) $ (1.35)