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Net Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2022
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

 

 

 

March 31,

 

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(16,156

)

 

$

(7,912

)

Denominator:

 

 

 

 

 

 

Weighted-average common shares outstanding, basic and diluted

 

 

23,974,642

 

 

 

1,218,909

 

Net loss per share, basic and diluted

 

$

(0.67

)

 

$

(6.49

)

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:

 

 

 

March 31,

 

 

 

2022

 

 

2021

 

Series A Preferred Stock (as converted to common stock)

 

 

-

 

 

 

3,209,243

 

Series B Preferred Stock (as converted to common stock)

 

 

-

 

 

 

3,853,870

 

Series C Preferred Stock (as converted to common stock)

 

 

-

 

 

 

8,553,168

 

Unvested restricted common stock

 

 

29,219

 

 

 

350,638

 

Options to purchase common stock

 

 

4,085,851

 

 

 

2,525,506

 

Total

 

 

4,115,070

 

 

 

18,492,424