Net Loss Per Share

3 Months Ended

Mar. 31, 2021

3. Net Loss Per Share

The following tables summarize the computation of the basic and diluted net loss per share (in thousands except share and per share data):

	Three Months Ended March 31,
	2021			2020
Numerator:
Net loss	$	(19,373	)	$	(8,706	)
Denominator:
Weighted average common shares outstanding		32,806,880			1,735,238
Less: weighted average unvested common stock issued upon early exercise of common stock options		(67,270	)		(126,054	)
Weighted average shares used to compute net loss per share, basic and diluted		32,739,610			1,609,184
Net loss per share, basic and diluted	$	(0.59	)	$	(5.41	)

The following table summarizes the outstanding potentially dilutive securities that have been excluded in the calculation of diluted net loss per share because their inclusion would be anti-dilutive:

	As of March 31,
	2021		2020
Common stock options		4,185,431		2,487,763
Unvested common stock upon early exercise of common stock options		62,424		117,356
Convertible preferred stock		—		7,374,034
		4,247,855		9,979,153