Net Loss Per Share

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Net Loss Per Share

4. NET LOSS PER SHARE

For the three and six months ended June 30, 2022 and 2021, 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:

	Three and Six Months Ended June 30,
	2022		2021
Options to purchase common stock		5,864,338		4,490,867
Nonvested restricted stock units		536,860		501,254
Nonvested Helio founder shares (1)		—		82,458
Total of common stock equivalents		6,401,198		5,074,579

(1) Represents 82,458 shares of common stock that are issued and outstanding but that were subject to vesting based on service requirements at June 30, 2021, and were not included in stockholders’ equity at such date.