Net Loss Per Common Share

9 Months Ended

Sep. 30, 2022

Note 7—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,
	2022			2021			2022			2021
Net loss	$	(26,307	)	$	(51,187	)	$	(110,291	)	$	(124,137	)
Weighted-average shares of common stock outstanding used to compute net loss per common share, basic and diluted		40,937,808			38,003,954			39,761,764			37,495,537
Net loss per common share, basic and diluted	$	(0.64	)	$	(1.35	)	$	(2.77	)	$	(3.31	)

The following common stock equivalents outstanding as of September 30, 2022 and 2021 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, 2022		September 30, 2021
Unvested RSUs		1,257,844		1,886,765
Unvested RSAs		149,614		406,095
Stock options		4,547,733		3,516,992
Total		5,955,191		5,809,852