XML 29 R15.htm IDEA: XBRL DOCUMENT v3.22.2
Net Loss per Share
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Net Loss per Share

9. Net Loss per Share

The following table summarizes the computation of basic and diluted net loss per share attributable to common shareholders of the Company:

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

(in thousands, except share and per share amounts)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to common shareholders

 

$

(38,093

)

 

$

(26,309

)

 

$

(72,850

)

 

$

(47,726

)

Net loss attributable to common shareholders—basic and diluted

 

$

(38,093

)

 

$

(26,309

)

 

$

(72,850

)

 

$

(47,726

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average number of common shares outstanding—basic
   and diluted

 

 

41,899,509

 

 

 

37,036,683

 

 

 

41,880,666

 

 

 

36,977,040

 

Net loss per share attributable to common shareholders—basic
   and diluted

 

$

(0.91

)

 

$

(0.71

)

 

$

(1.74

)

 

$

(1.29

)

The Company’s potentially dilutive securities, which include options, have been excluded from the computation of diluted net loss per share attributable to common shareholders as the effect would be to reduce the net loss per share attributable to common shareholders. Therefore, the weighted average number of common shares outstanding used to calculate both basic and diluted net loss per share attributable to common shareholders is the same. The Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share attributable to common shareholders for the periods indicated because including them would have had an anti-dilutive effect:

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Options to purchase common shares

 

 

7,974,403

 

 

 

5,258,005

 

 

 

7,974,403

 

 

 

5,258,005