Net loss per share (Tables)

9 Months Ended

Sep. 30, 2022

Schedule of basic and diluted net loss per share

The following table sets forth the computation of the basic and diluted net loss per share attributable to common stockholders (in thousands, except for per share amounts):


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
Numerator:
Net loss	$	(18,280)	$	(20,040)	$	(52,604)	$	(54,430)

Denominator:
Weighted-average common shares outstanding, basic and diluted		54,733,709		29,896,426		49,403,999		29,837,389
Weighted-average Series A convertible preferred shares outstanding, basic and diluted, presented as if converted into common stock⁽¹⁾		1,697,000		2,978,000		1,697,000		2,978,000
Weighted-average Series A-1 convertible preferred shares outstanding, basic and diluted, presented as if converted into common stock⁽¹⁾		15,800,000		—		12,153,846		—
Total number of shares used to calculate net loss per share, basic and diluted		72,230,709		32,874,426		63,254,845		32,815,389

Net loss per share, basic and diluted	$	(0.25)	$	(0.61)	$	(0.83)	$	(1.66)

⁽¹⁾ Series A and Series A-1 convertible preferred stock are participating securities that have substantially the same terms and features as the Company’s common stock. Series A and Series A-1 convertible preferred stock is therefore included in the weighted-average number of shares outstanding to calculate net loss per share, basic and diluted as if converted in common stock. Each share of Series A and Series A-1 convertible preferred stock is independently convertible into 1,000 shares of common stock. 1,697,000 shares of the Company’s common stock are issuable upon conversion of Series A convertible preferred stock and 15,800,000 shares of the Company’s common stock are issuable upon conversion of Series A-1 convertible preferred stock (see Note 9).

Schedule of potentially dilutive securities that were not included in the diluted per share calculations


	Three and nine months ended September 30,
	2022	2021
Options issued and outstanding	6,016,997	4,226,857
Unvested restricted stock units	—	9,746
Total	6,016,997	4,236,603