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Net loss per share
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Net loss per share
11.
Net loss per share

The following table summarizes the computation of basic and diluted net loss per share of the Company (in thousands, except share and per share data):

 

 

 

Three Months Ended

 

 

 

Six Months Ended

 

 

 

June 30,

 

 

 

June 30,

 

 

 

2022

 

 

2021

 

 

 

2022

 

 

2021

 

Net loss

 

$

(19,924

)

 

$

(29,818

)

 

 

$

(55,539

)

 

$

(57,492

)

Weighted average common stock outstanding,
    basic and diluted

 

 

42,665,598

 

 

 

37,619,039

 

 

 

 

42,590,479

 

 

 

37,526,650

 

Net loss per share - basic and diluted

 

$

(0.47

)

 

$

(0.79

)

 

 

$

(1.30

)

 

$

(1.53

)

 

The Company’s potentially dilutive securities, which include options to purchase common stock and unvested restricted stock, have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share. Therefore, the weighted-average number of shares of Common Stock outstanding used to calculate both basic and diluted net loss per share is the same. The Company excluded the following potential shares of Common Stock, presented based on amounts outstanding

at each period end, from the computation of diluted net loss per share for the periods indicated because including them would have had an anti-dilutive effect:

 

 

 

Three Months Ended

 

 

 

Six Months Ended

 

 

 

June 30,

 

 

 

June 30,

 

 

 

2022

 

 

2021

 

 

 

2022

 

 

2021

 

Options to purchase common stock

 

 

9,012,369

 

 

 

5,550,324

 

 

 

 

9,012,369

 

 

 

5,550,324

 

Unvested restricted stock

 

 

3,717

 

 

 

224,688

 

 

 

 

3,717

 

 

 

224,688

 

 

 

 

9,016,086

 

 

 

5,775,012

 

 

 

 

9,016,086

 

 

 

5,775,012