XML 57 R17.htm IDEA: XBRL DOCUMENT v3.23.2
Net Loss Per Common Share
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Net Loss Per Common Share

Note 10—Net Loss Per Common Share

Basic net loss per common share is computed by dividing net loss attributable to common stockholders by the weighted-average number of shares of common stock outstanding for the period. Since the Company had a net loss in all periods presented, basic and diluted net loss per common share are the same.

The following table represents the calculation of basic and diluted net loss per common share (in thousands, except share and per share data):

 

 

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Net loss

 

$

(24,598

)

 

$

(34,092

)

 

$

(42,220

)

 

$

(84,409

)

Weighted-average shares of common stock outstanding used to compute net loss per common share, basic and diluted

 

 

64,244,531

 

 

 

40,142,403

 

 

 

63,755,435

 

 

 

39,163,996

 

Net loss per common share, basic and diluted

 

$

(0.38

)

 

$

(0.85

)

 

$

(0.66

)

 

$

(2.16

)

 

The following common stock equivalents outstanding as of June 30, 2023 and 2022 were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented because including them would have been anti‑dilutive:

 

 

 

June 30,
2023

 

 

June 30,
2022

 

Unvested RSUs

 

 

492,497

 

 

 

1,340,624

 

Unvested RSAs

 

 

 

 

 

213,735

 

Stock options

 

 

8,251,952

 

 

 

5,148,695

 

Warrants

 

 

525,000

 

 

 

 

Total

 

 

9,269,449

 

 

 

6,703,054