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Organization and Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
Computation of Basic and Diluted Loss Per Share

The following table sets forth the computation of basic and diluted loss per share (in thousands, except per share data):

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

 

 

Net loss

 

$

(152,149

)

 

$

(144,326

)

 

$

(78,994

)

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

103,373

 

 

 

96,197

 

 

 

67,020

 

Net loss per share, basic and diluted

 

$

(1.47

)

 

$

(1.50

)

 

$

(1.18

)

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 years presented (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

Series A convertible preferred stock

 

 

 

 

 

29

 

 

 

29

 

Options to purchase common stock and employee stock purchase plan

 

 

2,991

 

 

 

3,416

 

 

 

3,951

 

Unvested restricted stock units

 

 

8,533

 

 

 

8,703

 

 

 

8,216

 

Warrants to purchase common stock

 

 

15,491

 

 

 

20,184

 

 

 

24,881

 

Senior convertible notes

 

 

17,246

 

 

 

17,246

 

 

 

 

 

 

 

44,261

 

 

 

49,578

 

 

 

37,077