Net Loss Per Share (Tables)

6 Months Ended

Jun. 30, 2022

Net Loss Per Share

Summary of computation of basic and diluted net loss per share

The following table summarizes the computation of basic and diluted net loss per share of the Company (in thousands, except share and per share data):

	Three months ended				Six months ended
	June 30,				June 30,
	2022		2021		2022		2021
Net loss	$	(19,926)	$	(5,059)	$	(37,201)	$	(10,150)
Weighted average common stock outstanding, basic and diluted		23,258,759		1,046,228		23,237,600		924,131
Net loss per share, basic and diluted	$	(0.86)	$	(4.84)	$	(1.60)	$	(10.98)

Schedule of antidilutive securities excluded from computation of diluted net loss per share

The Company’s potentially dilutive securities, which include convertible preferred stock, options to purchase common stock and unvested restricted stock, 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 is the same. The Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share for the periods indicated because including them would have had an anti-dilutive effect:

	June 30,
	2022	2021
Outstanding stock options	4,181,702	2,777,399
Unvested restricted stock	15,776	27,610
Unvested RSUs	200,996	200,996
	4,398,474	3,006,005