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Net Loss per Share (Tables)
9 Months Ended
Sep. 30, 2022
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):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(11,675

)

 

$

(22,521

)

 

$

(73,186

)

 

$

(60,516

)

Net loss attributable to common stockholders

 

$

(11,675

)

 

$

(22,521

)

 

$

(73,186

)

 

$

(60,516

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding, basic and diluted

 

 

35,882,076

 

 

 

32,132,500

 

 

 

33,834,198

 

 

 

30,417,305

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per share, basic and diluted

 

$

(0.33

)

 

$

(0.70

)

 

$

(2.16

)

 

$

(1.99

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Options to purchase common stock

 

 

4,015,661

 

 

 

4,747,203

 

 

 

4,015,661

 

 

 

4,747,203

 

Unvested restricted stock units

 

 

1,145,760

 

 

 

445,040

 

 

 

1,145,760

 

 

 

445,040

 

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

 

 

 

 

 

938,000

 

 

 

 

 

 

938,000

 

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

 

 

 

 

 

2,214,000

 

 

 

 

 

 

2,214,000

 

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

 

 

 

 

 

3,215,000

 

 

 

 

 

 

3,215,000

 

 

 

 

5,161,421

 

 

 

11,559,243

 

 

 

5,161,421

 

 

 

11,559,243