Net Loss per Share

3 Months Ended

Mar. 31, 2023

Note 6. Net Loss per Share

The following table sets forth the computation of basic and diluted net loss per share of common stock for the three months ended March 31, 2023 and 2022 (in thousands, except share and per share data):


	Three Months Ended March 31,
	2023			2022
Net Loss	$	(97,574	)	$	(58,218	)
Weighted-average shares used in computing net loss per share		34,800,643			29,805,961
Net loss per share, basic and diluted	$	(2.80	)	$	(1.95	)

The Company’s potentially dilutive securities, which consist of stock options and restricted stock units ("RSUs"), have been excluded from the computation of diluted net loss per share because including them would have had an anti-dilutive impact. 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.

The following common stock equivalents, presented based on amounts outstanding at each period end, have been excluded from the calculation of diluted net loss per share:


	March 31,
	2023		2022
Stock options to purchase common stock		5,809,983		5,923,147
Restricted stock units		209,433		—
		6,019,416		5,923,147