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Net Loss Per Share
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Net Loss Per Share

11. Net Loss Per Share

The following table sets forth the computation of the Company’s basic and diluted net loss per share attributable to common stockholders, which excludes shares which are legally outstanding, but subject to repurchase by the Company (in thousands, except share and per share amounts):

 

 

 

Years Ended December 31,

 

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(88,098

)

 

$

(98,591

)

Denominator:

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

37,574,757

 

 

 

33,216,339

 

Common stock outstanding subject to repurchase
   related to unvested early exercised stock options and
   restricted stock awards

 

 

(216,332

)

 

 

(28,453

)

Warrants to purchase common stock

 

 

 

 

 

8,826

 

Weighted average common shares outstanding - basic
   and diluted

 

 

37,358,425

 

 

 

33,196,712

 

Net loss per share attributable to common stockholders,
   basic and diluted

 

$

(2.36

)

 

$

(2.97

)

 

Potentially dilutive securities not included in the calculation of diluted net loss per share because to do so would be anti-dilutive are as follows (in common stock equivalent shares):

 

 

 

Years Ended December 31,

 

 

 

2022

 

 

2021

 

Common stock options issued and outstanding

 

 

7,225,635

 

 

 

5,623,116

 

Common stock outstanding subject to repurchase related
   to unvested early exercised stock options and restricted
   stock awards

 

 

121,867

 

 

 

337,440

 

Total

 

 

7,347,502

 

 

 

5,960,556