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Net Loss Per Share (Tables)
3 Months Ended
Mar. 31, 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

March 31,

 

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

Net loss

 

$

(42,844

)

 

$

(22,903

)

Denominator:

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

99,978

 

 

 

87,223

 

Net loss per share, basic and diluted:

 

$

(0.43

)

 

$

(0.26

)

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

March 31,

 

 

 

2022

 

 

2021

 

Series A convertible preferred stock

 

 

29

 

 

 

29

 

Options to purchase common stock and employee stock purchase plan

 

 

3,435

 

 

 

3,898

 

Unvested restricted share awards

 

 

9,781

 

 

 

8,866

 

Warrants to purchase common stock

 

 

19,654

 

 

 

21,594

 

Senior convertible notes

 

 

17,246

 

 

 

 

Total

 

 

50,145

 

 

 

34,387