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Net Loss Per Share
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Net Loss Per Share

13. Net loss per share

Basic and diluted net loss per common share are calculated by dividing net loss by the weighted-average number of common shares outstanding during the period, without consideration for common stock equivalents. The Company was in a loss position for all periods presented, and basic net loss per share and diluted net loss per share are therefore the same for all periods, as the inclusion of all potential common securities outstanding would have been anti-dilutive.

 

The following securities were excluded from the computation of net loss per diluted share of common stock for periods presented as their effect would have been anti-dilutive:

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

 

 

(in thousands)

 

Convertible preferred stock

 

 

-

 

 

 

-

 

 

 

134,113

 

Options to purchase common stock

 

 

23,686

 

 

 

17,337

 

 

 

15,677

 

Unvested restricted common stock

 

 

12

 

 

 

4,365

 

 

 

10,079

 

Unvested RSUs

 

 

885

 

 

 

141

 

 

 

326

 

Total

 

 

24,583

 

 

 

21,843

 

 

 

160,195