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Net Loss Per Share
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Net Loss Per Share

7. Net Loss Per Share

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

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Net loss

 

$

(76,788

)

 

$

(193,399

)

 

$

(138,834

)

 

$

(235,582

)

Net loss per share, basic and diluted

 

$

(0.71

)

 

$

(2.10

)

 

$

(1.28

)

 

$

(2.58

)

Weighted average shares of common stock, basic and diluted

 

 

108,644,329

 

 

 

91,939,439

 

 

 

108,469,760

 

 

 

91,188,160

 

The Company’s potentially dilutive securities, which include outstanding options to purchase common stock and restricted stock units summarized below, have been excluded from the computation of diluted net loss per share for the periods indicated below, as the effect would be anti-dilutive and reduce the net loss per share. Therefore, the weighted average number of shares of common stock outstanding used to calculate both basic and diluted net loss per share is the same.

 

 

Three and Six Months Ended
June 30,

 

 

 

2022

 

 

2021

 

Options to purchase common stock

 

 

11,526,322

 

 

 

8,906,194

 

Restricted stock units

 

 

1,681,891

 

 

 

505,393

 

 

 

 

13,208,213

 

 

 

9,411,587