XML 67 R23.htm IDEA: XBRL DOCUMENT v3.20.4
Net Loss per Share
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Net Loss per Share

15. 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:

 

 

Years Ended December 31,

 

(in thousands, except share and per share data)

 

2020

 

 

2019

 

Numerator:

 

 

 

 

 

 

 

 

Net loss – basic and diluted

 

$

(69,784

)

 

$

(23,839

)

Denominator:

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding – basic and diluted

 

 

26,897,390

 

 

 

1,285,933

 

Net loss per share – basic and diluted

 

$

(2.59

)

 

$

(18.54

)

 

Based on the amounts outstanding at December 31, 2020 and 2019, 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 years ended December 31, 2020 and 2019, 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.

 

 

 

Years Ended December 31,

 

 

 

2020

 

 

2019

 

Series A2 Preferred Stock

 

 

 

 

 

13,420,970

 

Series A3 Preferred Stock

 

 

 

 

 

15,067,706

 

Series A4 Preferred Stock

 

 

 

 

 

1,386,831

 

Series B Preferred Stock

 

 

 

 

 

9,983,632

 

Options to purchase common stock

 

 

3,972,909

 

 

 

44,960

 

Unvested restricted stock

 

 

3,410,979

 

 

 

4,403,148