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Net Loss per Share (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Net Loss Per Share

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

)

Anti-Dilutive Effect Excluded from Computation of Diluted Net Loss Per Share Attributable to Common Stockholders

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