Net Loss Per Share (Tables)

9 Months Ended

Sep. 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				Nine months ended
	September 30,				September 30,
	2022		2021		2022		2021
Net loss	$	(38,837)	$	(12,267)	$	(76,038)	$	(22,417)
Weighted average common stock outstanding, basic and diluted		23,290,249		23,114,715		23,255,343		8,402,277
Net loss per share, basic and diluted	$	(1.67)	$	(0.53)	$	(3.27)	$	(2.67)

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

The Company’s potentially dilutive securities, which include 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 three and nine months ended September 2022 and 2021 because including them would have had an anti-dilutive effect:

	September 30,
	2022	2021
Outstanding stock options	4,373,502	2,849,062
Unvested restricted stock	11,833	23,666
Unvested RSUs	138,185	200,996
Warrant	339,725	—
	4,863,245	3,073,724