Net Loss per Share

12 Months Ended

Dec. 31, 2023

17. Net Loss per Share

The Company’s potentially dilutive securities, which include restricted stock, and stock options, have been excluded from the computation of diluted net loss per 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.

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


	Year Ended December 31,
	2023			2022
Numerator:
Net loss	$	(73,790	)	$	(120,717	)
Denominator:
Weighted-average common shares outstanding, basic and diluted		39,904,603			33,033,081
Net loss per share, basic and diluted	$	(1.85	)	$	(3.65	)

The following potentially dilutive securities have been excluded from the calculation of diluted net loss per common share due to their anti-dilutive effect:


	December 31,
	2023		2022
Stock options outstanding		5,982,464		5,720,415
Unvested restricted stock awards and units		3,631,431		3,015,387
Shares reserved for future issuance		1,013,840		1,697,166
Common stock warrants		1,003,191		—
Employee stock purchase plan		565,405		534,675
Total		12,196,332		10,967,643