Quarterly report [Sections 13 or 15(d)]

Net Income (Loss) Per Share (Tables)

v3.25.3
Net Income (Loss) Per Share (Tables)
 9 Months Ended
Sep. 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 September 30, Nine Months Ended September 30,
2025 2024 2025 2024
(in thousands, except per share amounts)
Numerator:
Net loss $ (45,485) $ (75,785) $ (121,784) $ (187,360)
Denominator:
Weighted average common shares outstanding—basic 87,186  84,074  86,368  83,303 
Dilutive common stock equivalents —  —  —  — 
Weighted average common shares outstanding—diluted 87,186  84,074  86,368  83,303 
Net loss per share:
Basic $ (0.52) $ (0.90) $ (1.41) $ (2.25)
Diluted $ (0.52) $ (0.90) $ (1.41) $ (2.25)