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Net Loss Per Share
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Net Loss Per Share

Note 12. Net Loss per Share

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

 

 

 

 

December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

Numerator:

 

 

 

 

 

 

 

 

 

Net loss

 

$

(89,945

)

 

$

(76,849

)

 

$

(36,980

)

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

29,718,506

 

 

 

29,176,232

 

 

 

19,031,940

 

Net loss per share, basic and diluted

 

$

(3.03

)

 

$

(2.63

)

 

$

(1.94

)

 

The following outstanding potentially dilutive securities were excluded from the computation of diluted net loss per share for the periods presented because including them would have been antidilutive:

 

 

 

 

December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

Stock options issued and outstanding

 

 

5,571,293

 

 

 

4,790,327

 

 

 

2,393,934

 

Performance stock options

 

 

675,000

 

 

 

675,000

 

 

 

 

 

 

 

6,246,293

 

 

 

5,465,327

 

 

 

2,393,934