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Net Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Basic and Diluted Net Income Per Share

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

 

 

 

Three Months Ended
March 31,

 

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(19,088

)

 

$

(13,159

)

Denominator:

 

 

 

 

 

 

Weighted-average common shares outstanding used to compute net loss per share, basic and diluted

 

 

60,546,170

 

 

 

9,499,448

 

Net loss per share, basic and diluted

 

$

(0.32

)

 

$

(1.39

)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

Because we were in a net 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 common stock equivalents outstanding would have been anti-dilutive. Potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were, as of March 31, 2022 and 2021, as follows:

 

 

 

As of
March 31,
2022

 

 

As of
March 31,
2021

 

Convertible preferred stock

 

 

 

 

 

26,234,654

 

Stock options outstanding

 

 

6,286,542

 

 

 

5,463,543

 

RSUs issued and outstanding

 

 

60,000

 

 

 

 

Shares committed under ESPP

 

 

51,687

 

 

 

 

Common shares subject to nonrecourse notes

 

 

 

 

 

409,795

 

 

 

 

6,398,229

 

 

 

32,107,992