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Net Loss per Share
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Net Loss per Share

10. 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
March 31,

 

(in thousands, except share and per share data)

 

2024

 

 

2023

 

Numerator:

 

 

 

 

 

 

Net loss – basic and diluted

 

$

(30,299

)

 

$

(41,183

)

Denominator:

 

 

 

 

 

 

Weighted-average common shares outstanding – basic and diluted

 

 

114,690,726

 

 

 

93,303,672

 

Net loss per share – basic and diluted

 

$

(0.26

)

 

$

(0.44

)

 

Based on the amounts outstanding at March 31, 2024 and 2023, 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 months ended March 31, 2024 and 2023, 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.

 

 

 

March 31,

 

 

 

2024

 

 

2023

 

Options to purchase common stock

 

 

8,594,001

 

 

 

10,753,342

 

Unvested restricted stock

 

 

1,564,941

 

 

 

3,675,716