Net Loss per Share

12 Months Ended

Dec. 31, 2022

14. 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:


	Year Ended December 31,
	2022			2021
	(in thousands, except share and per share data)
Numerator:
Net loss	$	(29,047	)	$	(106,908	)
Denominator:
Weighted-average number of common shares outstanding—basic and diluted		41,922,042			37,818,115
Net loss per share—basic and diluted	$	(0.69	)	$	(2.83	)

The Company’s potentially dilutive securities, which include stock options and shares issued under the ESPP, 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:


	Year Ended December 31,
	2022		2021
Options to purchase common shares		8,032,902		5,322,591
Estimated shares issuable under the ESPP		47,216		9,654