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Net Loss Per Share (Tables)
9 Months Ended
Sep. 30, 2021
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 data):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(15,839

)

 

$

(7,170

)

 

$

(34,425

)

 

$

(18,320

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding, basic and diluted

 

 

19,875,428

 

 

 

1,001,853

 

 

 

7,562,436

 

 

 

896,100

 

Net loss per share, basic and diluted

 

$

(0.80

)

 

$

(7.16

)

 

$

(4.55

)

 

$

(20.44

)

Summary of Potential Common Shares Excluded from Computation of Diluted Net Loss per Share The Company excluded the following potential common shares from the computation of diluted net loss per share for the periods indicated because including them would have had an anti-dilutive effect:

 

 

 

September 30,

 

 

 

2021

 

 

2020

 

Series A Preferred Stock (as converted to common stock)

 

 

-

 

 

 

3,209,240

 

Series B Preferred Stock (as converted to common stock)

 

 

-

 

 

 

3,853,864

 

Unvested restricted common stock

 

 

204,513

 

 

 

524,660

 

Options to purchase common stock

 

 

3,090,849

 

 

 

1,410,038

 

Total

 

 

3,295,362

 

 

 

8,997,802