Net Loss per Share (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Basic and Diluted Net Loss Per Share

Basic and diluted net loss per share attributable to common stockholders was calculated as follows:


	Three Months Ended March 31,
		2026		2025
Numerator:
Net loss attributable to common stockholders ($ in millions)		$	(35.8)	$	(62.4)
Denominator:
Weighted average common shares outstanding - basic and diluted		76,307,698		72,921,318
Net loss per share attributable to common stockholders - basic and diluted		$	(0.47)	$	(0.86)

Schedule of Antidilutive Potential Common Shares

The Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share attributable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect.


	March 31,
		2026	2025
Options to purchase common stock		6,842,282	9,260,114
Unvested restricted stock		5,469,641	4,017,974
Warrants for common stock (1)		—	412,969
Total		12,311,923	13,691,057

(1) Each outstanding warrant of Metromile assumed by the Company converted automatically into warrants denominated in the Company's common stock with the number of warrants and exercise price adjusted based on the exchange ratio of 0.05263. These warrants expired on February 9, 2026.