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Net Loss per Share (Tables)
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share Basic and Diluted

Basic and diluted net loss per common share was calculated as follows (in thousands, except share and per share amounts):

 

 

Three Months Ended March 31,

 

 

2023

 

 

2022

 

Numerator:

 

 

 

 

 

Net loss

$

(38,587

)

 

$

(30,634

)

Net loss attributable to common stockholders

$

(38,587

)

 

$

(30,634

)

Denominator:

 

 

 

 

 

Weighted average common shares outstanding, basic
   and diluted

 

70,734,950

 

 

 

45,105,923

 

Net loss per common share, basic and diluted

$

(0.55

)

 

$

(0.68

)

Summary of Potential Dilutive Securities

The Company’s potential dilutive securities have been excluded from the computation of diluted net loss per share as the effect would be anti-dilutive and would result in a reduction to net loss per share. 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 above because including them would have had an anti-dilutive effect:

 

 

 

March 31,

 

 

 

2023

 

 

2022

 

Stock options to purchase common stock

 

 

15,503,250

 

 

 

12,101,396

 

Series A Preferred Stock

 

 

19,262,500

 

 

 

23,833,500

 

 

 

34,765,750

 

 

 

35,934,896