NET LOSS PER SHARE

6 Months Ended

Jun. 30, 2024

Basic net loss per share is calculated by dividing net loss by the weighted-average number of common shares outstanding during the period and excludes any dilutive effects of stock-based awards and warrants. Diluted net loss per common share is computed giving effect to all potential dilutive common shares, including common stock issuable upon exercise of stock options, and unvested restricted common stock and stock units. As we had net losses for the six months ended June 30, 2024 and 2023, all potential common shares were determined to be anti-dilutive.

The following table sets forth the computation of net loss per common share (in thousands, except per share amounts):


	Three Months Ended June 30,				Six Months Ended June 30,
Numerator:	2024		2023		2024		2023
Net loss	$	(16,454)	$	(17,121)	$	(42,972)	$	(43,894)
Denominator:
Shares used in computing net loss per share - basic and diluted	234,571		214,951		233,819		211,009

Net loss per share of common stock - basic and diluted	$	(0.07)	$	(0.08)	$	(0.18)	$	(0.21)

For the periods presented, the total numbers of securities that could potentially dilute net income per share in the future that were not considered in the diluted net loss per share calculations because the effect would have been anti-dilutive were as follows (in thousands):


	Three Months Ended June 30,		Six Months Ended June 30,
	2024	2023	2024	2023
Options to purchase common stock	27,818	20,659	27,250	20,260

Restricted stock units	7,971	3,008	7,497	2,969

ESPP shares issuable	168	278	197	242
Total	35,957	23,945	34,944	23,471