Net Loss Per Common Share

3 Months Ended

Mar. 31, 2023

Basic net loss per common share is computed by dividing net loss attributable to common stockholders by the weighted-average number of shares of common stock outstanding for the period. Diluted net loss per common share excludes the potential impact of the Company’s convertible preferred stock, common stock options, RSUs, RSAs, intended ESPP purchases and warrants because the Company's net losses would cause such shares to be anti-dilutive. Therefore, as the Company recorded net losses in the periods presented, basic and diluted net loss per common share are the same.

The table below provides potentially dilutive securities not included in the calculation of the diluted net loss per common share because to do so would be anti-dilutive:


	Three Months Ended March 31,
		2023	2022
	(unaudited)
Shares issuable upon:
Conversion of Series A Common Equivalent Preferred Stock		6,665,841	6,665,841
Exercise of common stock warrants		4,576,505	797,487
Exercise of stock options		2,019,014	4,021,359
Vesting of RSUs and RSAs		2,653,629	1,718,351
Issuance of shares under 2020 ESPP		51,730	—
Total potentially dilutive securities		15,966,719	13,203,038