Net Loss per Share

3 Months Ended

Mar. 31, 2023

14.

Net Loss per Share

Basic net loss per share is computed by dividing the net loss by the weighted average number of common shares outstanding during the period. For periods in which the Company reports net income, diluted net income per share is determined by adding to the basic weighted average number of common shares outstanding the total number of dilutive common equivalent shares using the treasury stock method, unless the effect is anti-dilutive. Potentially dilutive shares were not included in the calculation of diluted net loss per share for each of the three months ended March 31, 2023 and 2022 as their inclusion would be anti-dilutive.

Potential common stock equivalents excluded from the calculation of diluted earnings per share because the effect would have been anti-dilutive were as follows:


	Three Months Ended March 31,
	2023		2022
Stock options		6,069,096		3,974,102
ESPP		19,539		7,964
Warrants		48,683		48,683
Restricted stock units		311,017		559,586
		6,448,335		4,590,335