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

15. LOSS PER SHARE

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

 

 

 

FOR THE YEAR
ENDED DECEMBER 31,

 

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(58,160

)

 

$

(39,341

)

Net loss attributable to
   common stockholders—basic and diluted

 

 

(58,160

)

 

 

(39,341

)

Denominator:

 

 

 

 

 

 

Weighted-average common
   stock outstanding—basic and diluted

 

 

39,202,086

 

 

 

8,144,855

 

Net loss per share attributable
   to common stockholders—basic and diluted

 

$

(1.48

)

 

$

(4.83

)

 

The Company’s potentially dilutive securities, which include preferred stock, restricted stock, stock options, and warrants, have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share. Therefore, the weighted-average number of common shares outstanding used to calculate both basic and diluted net loss per share attributable to common stockholders is the same. The Company excluded the following from the computation of diluted net loss per share attributable to common stockholders at December 31, 2021 and 2020 because including them would have had an anti-dilutive effect:

 

 

 

YEAR ENDED
DECEMBER 31,

 

 

 

2021

 

 

2020

 

Preferred stock

 

 

 

 

 

31,253,609

 

Options to purchase common stock

 

 

3,264,770

 

 

 

1,053,874

 

Common stock warrants

 

 

 

 

 

19,346

 

Shares issuable under employee stock purchase plan

 

 

45,195

 

 

 

-

 

 

 

 

3,309,965

 

 

 

32,326,829