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Net Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Net Loss Per Share

The Company has calculated basic and diluted net loss per share for the three and six months ended June 30, 2022 and 2021 as follows (in thousands, except share and per share data):

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(13,468

)

 

$

(8,852

)

 

$

(26,303

)

 

$

(14,779

)

Less: Accruals of dividends of preferred stock

 

 

 

 

 

(3,628

)

 

 

 

 

 

(5,959

)

Net loss attributable to common stockholders—basic and diluted

 

$

(13,468

)

 

$

(12,480

)

 

$

(26,303

)

 

$

(20,738

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common stock outstanding

 

 

29,251,480

 

 

 

437,464

 

 

 

29,232,661

 

 

 

419,059

 

Net loss per share attributable to common stockholders—basic and diluted

 

$

(0.46

)

 

$

(28.53

)

 

$

(0.90

)

 

$

(49.49

)

Summary of Dilutive Securities Excluded from Computation of Diluted Net Loss Per Share

The following potentially dilutive securities were excluded from the computation of the diluted net loss per share for the periods presented because their effect would have been antidilutive:

 

 

 

Six Months Ended
June 30,

 

 

 

2022

 

 

2021

 

Convertible preferred stock

 

 

 

 

 

22,550,561

 

Stock options to purchase common stock

 

 

4,135,212

 

 

 

2,908,580

 

Restricted stock units that vest into common stock

 

 

206,933

 

 

 

 

Warrants to purchase preferred stock

 

 

 

 

 

12,686

 

Warrants to purchase common stock

 

 

12,686

 

 

 

 

Total potential dilutive shares

 

 

4,354,831

 

 

 

25,471,827