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

13. Net Loss per Share

Net Loss per Share

Basic and diluted loss per share is computed by dividing net loss by the weighted-average common shares outstanding (in thousands, except for share and per share data):

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(40,257

)

 

$

(24,660

)

 

$

(76,941

)

 

$

(37,735

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding, basic and
   diluted

 

 

51,772,440

 

 

 

45,094,238

 

 

 

51,712,081

 

 

 

44,873,083

 

Net loss per share, basic and diluted

 

$

(0.78

)

 

$

(0.55

)

 

$

(1.49

)

 

$

(0.84

)

 

The Company’s potentially dilutive securities, which include restricted stock and stock options, have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share. Therefore, the weighted-average number of common shares outstanding used to calculate both basic and diluted net loss per share attributable to common stockholders is the same. The Company excluded the following from the computation of diluted net loss per share attributable to common stockholders at June 30, 2022 and 2021 because including them would have had an anti-dilutive effect:

 

 

 

Six Months Ended
June 30,

 

 

 

2022

 

 

2021

 

Unvested restricted stock

 

 

281,961

 

 

 

73,522

 

Options to purchase common stock

 

 

7,147,795

 

 

 

6,812,989

 

Total

 

 

7,429,756

 

 

 

6,886,511