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Net Loss Per Common Share
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Net Loss Per Common Share

Note 9—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 the 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 for the years ended December 31, 2021 and 2020, respectively (in thousands, except share and per share data):

 

 

 

For the Year Ended December 31

 

 

 

2021

 

 

2020

 

Net loss

 

$

(174,523

)

 

$

(60,011

)

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

 

 

37,650,566

 

 

 

17,665,683

 

Net loss per common share, basic and diluted

 

$

(4.64

)

 

$

(3.40

)

 

The following common stock equivalents outstanding as of December 31, 2021 and 2020, respectively, 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:

 

 

December 31,

2021

 

 

December 31,

2020

 

Unvested RSUs

 

 

1,886,765

 

 

 

2,850,053

 

Unvested RSAs

 

 

341,975

 

 

 

769,058

 

Stock options

 

 

3,649,962

 

 

 

674,842

 

Total

 

 

5,878,702

 

 

 

4,293,953