Net Loss Per Share

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Net Loss Per Share

4. NET LOSS PER SHARE

For the years ended December 31, 2021 and 2020, diluted weighted-average common shares outstanding is equal to basic weighted-average common shares due to the Company’s net loss position.

The following potentially dilutive securities outstanding have been excluded from the computation of diluted weighted-average shares outstanding, because such securities had an antidilutive impact:

	Years ended December 31,
	2021		2020
Options to purchase common stock		4,622,870		4,608,311
Nonvested restricted stock units		501,255		927,189
Nonvested founder shares (1)		10,891		152,856
Total of common stock equivalents		5,135,016		5,688,356

(1) Represents 10,891 and 152,856 shares of common stock that are issued and outstanding but were subject to vesting based on service requirements at December 31, 2021 and 2020, respectively, and are not included in stockholders’ equity.