Net Loss Per Common Share

9 Months Ended

Sep. 30, 2021

Note 8—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 September 30,						For the Nine Months Ended September 30,
	2021			2020			2021			2020
Net loss	$	(51,187	)	$	(15,042	)	$	(124,137	)	$	(41,693	)
Weighted-average shares of common stock outstanding used to compute net loss per common share, basic and diluted		38,003,954			11,733,170			37,495,537			11,176,429
Net loss per common share, basic and diluted	$	(1.35	)	$	(1.28	)	$	(3.31	)	$	(3.73	)

The following common stock equivalents outstanding as of September 30, 2021 and 2020 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:

	September 30, 2021		September 30, 2020
Unvested RSUs		1,886,765		2,850,053
Unvested RSAs		406,095		769,058
Stock options		3,516,992		185,342
Total		5,809,852		3,804,453