Net Loss Per Share (Tables)

3 Months Ended

Mar. 31, 2024

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,
	2024			2023
Numerator:
Net loss	$	(30,142	)	$	(22,563	)
Denominator:
Weighted-average common shares outstanding, basic and diluted		94,875,893			24,225,954
Net loss per share, basic and diluted	$	(0.32	)	$	(0.93	)

The 47,010,526 shares of the Company's common stock issuable upon exercise of the Pre-Funded Warrants described in Note 5 are included as outstanding common stock in the calculation of basic and diluted net loss per share.

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,
	2024		2023
Options to purchase common stock		12,499,831		5,144,308
Common stock issuable upon conversion of Loan Agreement		6,269,592		2,160,918
Total		18,769,423		7,305,226