Net Loss Per Share

12 Months Ended

Dec. 31, 2022

12. NET LOSS PER SHARE

The following table sets forth the computation of the Company’s basic and diluted net loss per share for the years ended December 31, 2022 and 2021 (in thousands, except share and per share amounts):


	2022			2021
Numerator:
Net loss	$	(35,709	)	$	(28,302	)
Denominator:
Weighted-average common shares outstanding		11,548,907			3,799,392
Less: Weighted-average unvested restricted shares and shares subject to repurchase		—			(9,089	)
Weighted-average shares used in computing basic and diluted net loss per share		11,548,907			3,790,303

Net loss per share attributable to common stockholders—basic and diluted	$	(3.09	)	$	(7.47	)

As of December 31, 2022 and 2021, the Company’s potentially dilutive securities included unvested stock warrants and stock options, which have been excluded from the computation of diluted net loss per share attributable to common stockholders as the effect would be anti-dilutive. The issuance of pre-funded warrants have been included in the computation of basic and diluted net loss per share attributable to common stockholders. Based on the amounts outstanding as of December 31, 2022 and 2021, the Company excluded the following potential common shares from the computation of diluted net loss per share attributable to common stockholders because including them would have had an anti-dilutive effect:


	2022		2021
Options to purchase common stock		1,553,041		790,637
Common stock warrants		6,036		6,036
		1,559,077		796,673