XML 32 R18.htm IDEA: XBRL DOCUMENT v3.21.2
Net Loss per Share
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Net Loss per Share

12. Net Loss per Share

The following table summarizes the computation of basic and diluted net loss per share attributable to common stockholders of the Company:

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

(in thousands, except share and per share data)

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss – basic and diluted

 

$

(37,588

)

 

$

(11,632

)

 

$

(68,511

)

 

$

(20,971

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding – basic and diluted

 

 

62,344,718

 

 

 

2,625,648

 

 

 

62,399,034

 

 

 

2,420,797

 

Net loss per share – basic and diluted

 

$

(0.60

)

 

$

(4.43

)

 

$

(1.10

)

 

$

(8.66

)

 

Based on the amounts outstanding at June 30, 2021 and 2020, the Company excluded the following potential shares of common stock from the computation of diluted net loss per share attributable to common stockholders for the three and six months ended June 30, 2021 and 2020, because including them would have had an anti-dilutive effect. 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.

 

 

 

June 30,

 

 

 

2021

 

 

2020

 

Series A2 Preferred Stock

 

 

 

 

 

20,000,000

 

Series A3 Preferred Stock

 

 

 

 

 

22,453,987

 

Series A4 Preferred Stock

 

 

 

 

 

2,066,666

 

Series B Preferred Stock

 

 

 

 

 

14,877,697

 

Options to purchase common stock

 

 

6,097,072

 

 

 

98,643

 

Unvested restricted stock

 

 

3,502,002

 

 

 

3,758,335