Net Loss Per Share Attributable To Common Stockholders

9 Months Ended

Sep. 30, 2021

Net Loss Per Share Attributable to Common Stockholders

12. Net Loss Per Share Attributable To Common Stockholders

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders which is computed by dividing the net loss attributable to common stockholders by the weighted-average number of shares of common stock outstanding for the period.


	Three months ended September 30,						Nine months ended September 30,
(in thousands, except share and per share amounts)	2021			2020			2021			2020
Numerator
Net loss attributable to common stockholders	$	(3,225	)	$	(7,324	)	$	(32,272	)	$	(11,892	)
Denominator:
Weighted-average common stock outstanding		2,798,146			999,091			2,145,733			946,576
Net loss per share attributable to common stockholders, basic and diluted	$	(1.15	)	$	(7.33	)	$	(15.04	)	$	(12.56	)

The following potentially dilutive securities outstanding in common stock equivalent shares have been excluded from the computation of diluted weighted average shares outstanding because such securities have an antidilutive impact due to the Company’s net loss:


	Nine Months Ended September 30,
	2021		2020
Redeemable convertible preferred stock		12,397,838		12,397,838
Redeemable convertible preferred stock warrants		77,842		77,842
Unvested early exercised common stock options		410,788		—
Options to purchase common stock		2,170,894		2,573,122
Convertible notes*		—		—

* At September 30, 2021 and 2020, the conversion of the convertible notes into redeemable convertible preferred stock was dependent on the outstanding loan balance including accrued interest and the conversion stock per share price at the date of qualified equity financing, non-qualified equity financing, or a change of control event. These factors were

not estimable and the number of redeemable convertible preferred stock was not determinable. There were no conversions of convertible notes to preferred stock for the three and nine month periods ended September 30, 2021 and 2020.