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Net Loss Per Share
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Net Loss Per Share

9. Net Loss Per Share

Net Loss Per Share

Basic and diluted net loss per share was calculated as follows (in thousands, except share and per share data):

 

 

 

Six Months Ended

 

 

Three Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(18,586

)

 

$

(11,150

)

 

$

(10,674

)

 

$

(5,613

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding, basic and diluted

 

 

1,303,899

 

 

 

842,643

 

 

 

1,387,973

 

 

 

908,564

 

Net loss per share, basic and diluted

 

$

(14.25

)

 

$

(13.23

)

 

$

(7.69

)

 

$

(6.18

)

 

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:

 

 

 

Six Months Ended

 

 

 

June 30,

 

 

 

2021

 

 

2020

 

Series A Preferred Stock (as converted to common stock)

 

 

3,209,240

 

 

 

3,209,240

 

Series B Preferred Stock (as converted to common stock)

 

 

3,853,864

 

 

 

3,853,864

 

Series C Preferred Stock (as converted to common stock)

 

 

8,553,168

 

 

 

-

 

Unvested restricted common stock

 

 

262,975

 

 

 

646,605

 

Options to purchase common stock

 

 

2,491,164

 

 

 

1,383,150

 

Total

 

 

18,370,411

 

 

 

9,092,859