Net Loss Per Share

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Net Loss Per Share

Net Loss Per Share

Basic and diluted net loss per share is calculated by dividing net loss by the weighted-average number of common shares outstanding during the period, without consideration for common stock equivalents. The Company’s potentially dilutive shares, which include preferred stock, unvested RSAs, unvested RSUs and options to purchase common stock, are considered to be common stock equivalents and are only included in the calculation of diluted net loss per share when their effect is dilutive.

Potentially dilutive securities excluded from the calculation of diluted net loss per share due to their anti-dilutive effects were as follows:

	Three Months Ended March 31,
	2022	2021
Convertible preferred stock	—	194,474,431
Unvested RSAs	1,625,002	5,525,002
Unvested RSUs	1,299,587	—
Options to purchase common stock	47,706,327	40,556,956
Total	50,630,916	240,556,389