Net Loss Per Share Attributable to Common Stockholders (Tables)

3 Months Ended

Mar. 31, 2021

Earnings Per Share [Abstract]

Computation of Basic and Diluted Net Loss Per Share

The following table sets forth the computation of the basic and diluted net loss per share (in thousands, except for share and per share data):      

	March 31,
	2021			2020
Numerator:
Net loss - basic and diluted	$	(60,492	)	$	(7,374	)
Denominator:
Weighted-average number of shares of common stock outstanding - basic and diluted		13,110,713			2,115,770
Net loss per share - basic and diluted	$	(4.61	)	$	(3.49	)

Schedule of Potentially Dilutive Securities Not Included in Diluted Per Share Calculations

Since the Company was in a loss position for all periods presented, basic net loss per share is the same as diluted net loss per share for all periods as the inclusion of all potential common shares outstanding would have been anti-dilutive. The Company’s Series 1 convertible preferred stock are participating securities but because they do not have the obligation to share in the loss of the Company, they are excluded from the calculation of basic net loss per share.

Potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows:

	Three months ended March 31,
	2021		2020
Convertible preferred stock		—		37,871,430
Series 1 convertible preferred stock		29,863,674		—
Options to purchase Common Stock		8,039,422		5,019,157
Shares estimated to be purchased under 2021 ESPP		76,770		—
Total		37,979,866		42,890,587