Net loss per share

12 Months Ended

Dec. 31, 2023

As described in Note 2, Summary of significant accounting policies, for periods in which the Company reports a net loss, potentially dilutive securities have been excluded from the computation of diluted net loss per share as their effects would be anti-dilutive. Therefore, the weighted average number of common shares outstanding used to calculate both basic and diluted net loss per share is the same. The Company excluded the following potential common shares presented based on amounts outstanding at period end, from the computation of diluted net loss per share for the periods indicated because including them would have had an anti-dilutive effect:


	Years Ended December 31,
	2023	2022
Options to purchase common stock	9,475,009	6,993,052

Basic and diluted loss per share is computed by dividing net loss by the weighted-average common shares outstanding (in thousands, except share and per share data):


	Years Ended December 31,
	2023		2022
Numerator:


Net loss —basic and diluted	$	(132,493)	$	(128,175)
Denominator:
Weighted-average common stock outstanding—basic and diluted	49,640,505		48,861,665
Net loss per share —basic and diluted	$	(2.67)	$	(2.62)