Net Loss per Share

6 Months Ended

Jun. 30, 2024

3. Net Loss per Share

Net Loss per Share Attributable to Common Stockholders

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


	Three Months Ended June 30,						Six Months Ended June 30,
	2023			2024			2023			2024
Net loss	$	(14,154	)	$	(17,090	)	$	(25,364	)	$	(31,198	)
Weighted-average shares used in computing net loss per share		38,692,624			38,984,745			38,249,255			38,968,438
Net loss per share, basic and diluted	$	(0.36	)	$	(0.44	)	$	(0.66	)	$	(0.80	)

Basic and diluted weighted average shares of common stock outstanding for the three and six months ended June 30, 2024 include the weighted average effect of outstanding pre-funded warrants for the purchase of shares of common stock for which the remaining unfunded exercise price is $0.001 per share.

The Company’s potentially dilutive securities, which include unexercised stock options outstanding, unexercised warrants and unvested restricted stock units, have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share. Therefore, the weighted average number of common shares outstanding used to calculate both basic and diluted net loss per share attributable to common stockholders is the same. The Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share attributable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect.


	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2024		2023		2024
Stock options to purchase common stock		4,734,049		5,545,026		4,734,049		5,545,026
Warrants to purchase common stock		516,345		516,345		516,345		516,345
Unvested restricted stock units		341,408		732,807		341,408		732,807
Total		5,591,802		6,794,178		5,591,802		6,794,178