Annual report [Section 13 and 15(d), not S-K Item 405]

Net Income (Loss) Per Share (Tables)

v3.25.4
Net Income (Loss) Per Share (Tables)
 12 Months Ended
Dec. 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:
Year Ended December 31,
2025 2024 2023
(in thousands, except per share amounts)
Numerator:
Net loss $ (136,681) $ (245,198) $ (73,147)
Denominator:
Weighted average common shares outstanding—basic 86,588  83,600  80,719 
Dilutive common stock equivalents —  —  — 
Weighted average common shares outstanding—diluted 86,588  83,600  80,719 
Net loss per share:
Basic $ (1.58) $ (2.93) $ (0.91)
Diluted $ (1.58) $ (2.93) $ (0.91)