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Net Loss per Share (Tables)
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Net Loss per Share Attributable to Common Stockholders

Basic and diluted net loss per share attributable to common stockholders of Spero Therapeutics, Inc. was calculated as follows (in thousands, except share and per share amounts):

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

 

2021

 

 

 

2020

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(89,756

)

 

$

(78,280

)

Deemed Dividend

 

 

 

 

 

(549

)

Net loss attributable to common stockholders

 

$

(89,756

)

 

$

(78,829

)

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

Weighted average common shares outstanding,
   basic and diluted

 

 

30,895,756

 

 

 

22,386,122

 

 

 

 

 

 

 

 

Net loss per share, basic and diluted

 

$

(2.91

)

 

$

(3.52

)

 

 

 

 

 

 

 

Summary of Shares Excluded From the Computation of Diluted Net Loss Per Share Attributable to Common Stockholders 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 because including them would have had an anti-dilutive effect:

 

 

 

Year Ended December 31,

 

 

 

 

2021

 

 

 

2020

 

Options to purchase common stock

 

 

4,890,716

 

 

 

3,682,233

 

Unvested restricted stock units

 

 

513,690

 

 

 

30,561

 

Series A convertible preferred stock (as converted to common shares)

 

 

 

 

 

 

Series B convertible preferred stock (as converted to common shares)

 

 

938,000

 

 

 

1,000,000

 

Series C convertible preferred stock (as converted to common shares)

 

 

2,214,000

 

 

 

2,287,000

 

Series D convertible preferred stock (as converted to common shares)

 

 

3,215,000

 

 

 

3,215,000

 

Total

 

 

11,771,406

 

 

 

10,214,794