Net Loss Per Share Attributable to Common Stockholders

12 Months Ended

Dec. 31, 2021

Net Loss Per Share Attributable to Common Stockholders

14. 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. As the Company reported a net loss for the years ended December 31, 2021 and December 31, 2020, basic net loss per share attributable to common stockholders is the same as diluted net loss per share attributable to common stockholders as the inclusion of potentially dilutive shares would have been antidilutive if included in the calculation:


	Years Ended December 31,
(in thousands, except share and per share amounts)	2021		2020
Numerator
Net loss attributable to common stockholders	$	(21,464)	$	(18,263)
Denominator:
Weighted-average common shares outstanding		7,012,226		968,648
Net loss per share attributable to common stockholders, basic and diluted	$	(3.06)	$	(18.85)

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:


	Years Ended December 31,
	2021	2020
Redeemable convertible preferred stock	—	12,397,838
Redeemable convertible preferred stock warrants	—	77,842
Common stock warrants	77,842	—
Unvested early exercised common stock options	377,709	136,032
Options to purchase common stock	2,175,685	2,466,594
Unvested restricted stock units	394,750	—
Convertible notes*	—	—

* At December 31, 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 year ended December 31, 2020.