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Net Loss Per Common Share
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Net Loss Per Common Share

17.

Net Loss Per Common Share

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders, which excludes unvested restricted shares and shares which are legally outstanding, but subject to repurchase by us (in thousands, except share amounts):

 

 

 

Years Ended December 31,

 

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders

 

$

(102,937

)

 

$

(81,622

)

Denominator:

 

 

 

 

 

 

 

 

Weighted-average shares outstanding

 

 

45,755

 

 

 

13,463

 

Less: weighted-average unvested restricted shares and

   shares subject to repurchase

 

 

(148

)

 

 

(295

)

Weighted-average shares used in computing net loss per

   share attributable to common stockholders, basic and

   diluted

 

 

45,607

 

 

 

13,168

 

Net loss per share attributable to common stockholders,

   basic and diluted

 

$

(2.26

)

 

$

(6.20

)

 

As of December 31, 2021, 3.6 million Pre-Funded Warrants to purchase common stock, issued in connection with the November 2021 public offering, were included in the weighted-average shares outstanding used in the calculation of basic and diluted net loss per share. Refer to Note 13 “Common Stock” for more information.

 

The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net loss per share attributable to common stockholders for the period presented because including them would have been antidilutive (in thousands):

 

 

 

December 31,

 

 

 

2021

 

 

2020

 

Unvested RSUs

 

 

823

 

 

 

441

 

Unvested RSAs

 

 

99

 

 

 

196

 

Common stock warrants

 

 

 

 

 

9

 

Options to purchase common stock

 

 

5,842

 

 

 

5,514

 

Total

 

 

6,764

 

 

 

6,160