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Net Loss per Share (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Computation Of Basic And Diluted Net Loss Per Share Attributable To Common Stockholders

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

 

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

(in thousands, except share and per share data)

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss – basic and diluted

 

$

(4,126

)

 

$

(44,272

)

 

$

(40,501

)

 

$

(130,722

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding – basic and diluted

 

 

115,399,516

 

 

 

113,894,188

 

 

 

115,073,622

 

 

 

100,683,322

 

Net loss per share – basic and diluted

 

$

(0.04

)

 

$

(0.39

)

 

$

(0.35

)

 

$

(1.30

)

Potential Dilutive Securities Excluded From Computation Of Diluted Net Loss Per Share Attributable To Common Stockholders

Based on the amounts outstanding at September 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 nine months ended September 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.

 

 

 

September 30,

 

 

 

2024

 

 

2023

 

Options to purchase common stock

 

 

6,072,019

 

 

 

10,445,312

 

Unvested restricted stock

 

 

1,120,099

 

 

 

3,410,391