Net Loss Per Share (Tables)

9 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Net Loss per Share

The following table summarizes the computation of basic and diluted net loss per share:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2023			2022			2023			2022
	(in thousands, excepts per share amounts)
Numerator:
Net loss attributable to Kineta, Inc.	$	(5,380	)	$	(5,585	)	$	(11,445	)	$	(16,439	)
Denominator:
Weighted-average common shares outstanding, basic and diluted(1)		11,738			4,891			10,505			4,808
Net loss per share, basic and diluted	$	(0.46	)	$	(1.14	)	$	(1.09	)	$	(3.42	)

(1) Included in the denominator were 577,000 and 530,000 weighted-average shares of common stock warrants for the three and nine months ended September 30, 2023, respectively, with an exercise price of $0.14. Included in the denominator were 155,000 and 153,000 weighted-average shares of common stock warrants for the three and nine months ended September 30, 2022, respectively, with an exercise price of $0.14.

Schedule of Antidilutive Securities Excluded from Computation of Diluted Weighted-average Shares Outstanding

The following outstanding potentially dilutive common stock equivalents were excluded from the computation of diluted net loss per share as of the periods presented because including them would have been antidilutive:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
	(in thousands)
Common stock options		2,010		721		2,010		721
Unvested restricted stock subject to repurchase		10		170		10		170
Warrants to purchase common stock		1,630		154		1,630		154
Vested restricted stock subject to recall		56		56		56		56
Convertible notes, if converted		—		660		—		660
Total		3,706		1,761		3,706		1,761