Net Loss Per Share

3 Months Ended

Mar. 31, 2022

11. Net Loss Per Share

The following table sets forth the computation of basic and diluted net loss per share and excludes shares which are legally outstanding, but subject to repurchase by us:


	Three Months Ended March 31,
	2022			2021
Net loss (in thousands)	$	(38,986	)	$	(21,220	)
Weighted-average shares outstanding used in computing net loss per share, basic and diluted(1)		57,547,808			51,174,978
Net loss per share, basic and diluted	$	(0.68	)	$	(0.41	)

(1)

Includes shares of common stock into which pre-funded warrants may be exercised. See Note 8 - Pre-Funded Warrants.

Potentially dilutive securities outstanding as of the periods presented below were excluded from the computation of diluted net loss per share for the three months ended March 31, 2022 and 2021 because including them would have been antidilutive:


	As of March 31,
	2022		2021
Stock options		6,859,801		4,863,399
Restricted stock units		373,441		—
Total		7,233,242		4,863,399