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Net Loss per Share
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Net Loss per Share

(13)

Net Loss per Share

The following table sets forth the calculation of basic and diluted net loss per share:

 

 

 

Three Months Ended March 31,

 

 

 

2020

 

 

2021

 

 

 

(in thousands, except share and per

share data)

 

Numerator:

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders of Cullinan

 

$

(4,973

)

 

$

(70

)

Denominator

 

 

 

 

 

 

 

 

Total weighted-average shares used in computing net loss per share, basic and diluted

 

 

18,747,004

 

 

 

41,977,336

 

Net Loss per Share:

 

$

(0.27

)

 

$

(0.00

)

 

The following outstanding equity instruments were excluded from the computation of the diluted net loss per share for the periods presented because their effect would have been anti-dilutive:

 

 

 

Three Months Ended March 31,

 

 

 

2020

 

 

2021

 

Restricted stock awards

 

 

478,293

 

 

 

242,411

 

Stock options

 

 

 

 

 

6,600,953

 

Estimated shares issuable under the ESPP

 

 

 

 

 

10,101

 

Total

 

 

478,293

 

 

 

6,853,465