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Net Loss Per Share Attributable to Common Stockholders
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Net Loss Per Share Attributable to Common Stockholders

15. Net Loss Per Share Attributable to Common Stockholders

The Company’s potential dilutive securities, which include redeemable convertible preferred stock, options to purchase common stock, and unvested shares of restricted common stock, have been excluded from the computation of diluted net loss per share as the effect would be anti-dilutive. Therefore, the weighted average number of common shares outstanding used to calculate both basic and diluted net loss per share attributable to common stockholders is the same. The Company excluded the following potential common shares, presented based on amounts outstanding at period end, from the computation of diluted net loss per share:

 

 

December 31,

 

 

2022

 

2021

 

Redeemable convertible preferred stock

 

 

 

24,785,564

 

Options to purchase common stock

 

8,053,704

 

 

5,598,073

 

Unvested shares of restricted common stock from early exercises

 

 

 

757

 

Restricted stock units

 

927,954

 

 

 

Restricted stock units - executive officer

 

952,804

 

 

952,804

 

Employee Stock Ownership Plan (ESPP)

 

5,651

 

 

 

Total

 

9,940,113

 

 

31,337,198

 

 

Shares of redeemable convertible preferred stock also participated in dividends with shares of common stock (if and when declared) and therefore were deemed participating securities. The holders of redeemable convertible preferred stock did not contractually share in losses and therefore no additional net loss per share has been disclosed under the two-class method.