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

Net Loss Per Share

v3.25.0.1
Net Loss Per Share
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Net Loss Per Share Net Loss Per Share
The following table sets forth the computation of basic and diluted net loss per share and a reconciliation of the weighted average number of shares outstanding:
Year Ended December 31,
2024 2023 2022
Numerator:
Net loss
$ (25,990) $ (98,886) $ (176,697)
Denominator:
Weighted-average common shares outstanding, basic and diluted
10,567,656  10,707,024  10,726,392 
Net loss per share:
Net loss per share, basic and diluted
$ (2.46) $ (9.24) $ (16.47)
Basic net income (loss) per share is calculated by dividing net income (loss) for the period by the weighted-average number of shares of common stock outstanding for the period. Diluted net income (loss) per share has been calculated in a manner consistent with that of basic net income (loss) per share while giving effect to shares issuable upon exercise and/or vesting of potentially dilutive stock option and RSU grants, as well as ESPP purchase rights, outstanding during the period, if applicable. Due to the net loss for all periods shown, no potentially dilutive securities had an impact on diluted loss per share for any period. For the years ended December 31, 2024, 2023 and 2022, 402,873, 333,327 and 112,904 shares, respectively, were excluded from the calculation of weighted-average diluted common shares outstanding as they had an anti-dilutive effect.