Net Loss per Common Share

6 Months Ended

Jun. 30, 2022

11. Net Loss per Common Share

Basic and diluted net loss per common share was calculated as follows (in thousands, except share and per share amounts):


	Three Months Ended June 30,						Six Months Ended June 30,
	2022			2021			2022			2021
Numerator:
Net loss	$	(25,562	)	$	(8,146	)	$	(56,942	)	$	(44,971	)
Denominator:
Weighted-average common shares outstanding, basic and diluted		32,451,610			1,471,447			32,384,522			1,411,428
Net loss per share, basic and diluted	$	(0.79	)	$	(5.54	)	$	(1.76	)	$	(31.86	)

The Company’s potentially dilutive securities, which include convertible preferred stock, restricted stock, and stock options, have been excluded from the computation of diluted net loss per common share as the effect would be to reduce the net loss per share. 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 Company excluded the following from the computation of diluted net loss per share attributable to common stockholders at June 30, 2022 and 2021 because including them would have had an anti-dilutive effect:


	June 30,
	2022		2021
Convertible preferred stock		—		20,056,145
Unvested restricted stock awards		2,960,980		658,947
Stock options outstanding		5,752,526		2,757,871
Stock options available for issuance		532,631		789,214
Employee stock purchase plan		424,595		—
Total		9,670,732		24,262,177