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Net Loss per Share
6 Months Ended
Jun. 30, 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
June 30,

 

 

Six Months Ended
June 30,

 

(in thousands, except share and per share data)

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss – basic and diluted

 

$

(6,076

)

 

$

(45,267

)

 

$

(36,375

)

 

$

(86,450

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding – basic and diluted

 

 

115,127,044

 

 

 

94,625,837

 

 

 

114,908,885

 

 

 

93,968,407

 

Net loss per share – basic and diluted

 

$

(0.05

)

 

$

(0.48

)

 

$

(0.32

)

 

$

(0.92

)

 

Based on the amounts outstanding at June 30, 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 and six months ended June 30,

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.

 

 

 

June 30,

 

 

 

2024

 

 

2023

 

Options to purchase common stock

 

 

6,518,729

 

 

 

10,304,403

 

Unvested restricted stock

 

 

1,246,012

 

 

 

3,503,459