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Net Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss Per Share

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

)

Anti-Dilutive Securities of Common Stock Excluded from Calculation of Diluted Net Loss Per Share

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