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Net Loss Per Share (Tables)
12 Months Ended
Dec. 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):

 

 

 

Year Ended

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(66,221

)

 

$

(48,625

)

Denominator:

 

 

 

 

 

 

Weighted-average common shares outstanding, basic and diluted

 

 

24,048,267

 

 

 

11,662,672

 

Net loss per share, basic and diluted

 

$

(2.75

)

 

$

(4.17

)

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:

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

Options to purchase common stock

 

 

5,230,537

 

 

 

3,019,476

 

Common stock issuable upon conversion of Loan Agreement

 

 

2,116,780

 

 

 

-

 

Unvested restricted common stock

 

 

-

 

 

 

116,870

 

Total

 

 

7,347,317

 

 

 

3,136,346