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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 sets forth the computation of the basic and diluted net loss per share (in thousands, except share and per share data):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(32,920

)

 

$

(16,274

)

 

$

(57,453

)

 

$

(30,459

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares of common stock outstanding, basic and diluted

 

 

40,687,751

 

 

 

40,247,110

 

 

 

40,652,224

 

 

 

40,151,802

 

Net loss per share, basic and diluted

 

$

(0.81

)

 

$

(0.40

)

 

$

(1.41

)

 

$

(0.76

)

Since the Company was in a loss position for all periods presented, basic net loss per share is the same as diluted net loss per share for all periods presented as the inclusion of all potential common stock outstanding would have been anti-dilutive.

The following outstanding potentially dilutive securities were excluded from the computation of diluted net loss per share for the six months ended June 30, 2022 and 2021 because including them would have been anti-dilutive:

 

 

June 30,

 

 

 

2022

 

 

2021

 

Stock options issued and outstanding

 

 

5,231,363

 

 

 

4,417,249

 

Restricted stock issued and outstanding

 

 

493,562

 

 

 

 

Employee Stock Purchase Plan estimated shares issuable

 

 

 

 

 

3,994

 

Total

 

 

5,724,925

 

 

 

4,421,243