Net Loss Per Share

6 Months Ended

Jun. 30, 2022

14. Net Loss Per Share

Basic net loss per share is calculated by dividing the net loss available to common stockholders by the weighted-average number of common shares outstanding for the period. If applicable, diluted net loss per share attributable to common stockholders is calculated by dividing net loss available to common stockholders by the diluted weighted-average number of common shares outstanding for the period.

The following table presents the computation of basic and diluted net loss per share (in thousands, except per share amounts):


	Three Months Ended June 30,						Six Months Ended June 30,
	2022			2021			2022			2021
Numerator:
Net loss	$	(37,320	)	$	(38,205	)	$	(80,164	)	$	(61,108	)
Denominator:
Weighted average common shares outstanding		102,849			98,541			101,422			92,912
Net loss per share, basic and diluted:	$	(0.36	)	$	(0.39	)	$	(0.79	)	$	(0.66	)

The following potentially dilutive shares of common stock were excluded from the calculation of diluted net loss per share because their effect would have been anti-dilutive for the periods presented (in thousands):


	As of June 30,
	2022		2021
Series A convertible preferred stock		—		29
Options to purchase common stock and employee stock purchase plan		3,050		3,659
Unvested restricted stock unit awards		8,822		8,678
Warrants to purchase common stock		17,500		20,525
Senior convertible notes		17,246		—
Total		46,618		32,891