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Net Loss Per Share Attributable to Common Stockholders
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Net Loss Per Share Attributable to Common Stockholders

11. Net Loss Per Share Attributable to Common Stockholders

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders, which excludes shares which are legally outstanding, but subject to repurchase by the Company (in thousands, except share and per share amounts):

 

 

 

Year Ended December 31,

 

 

 

2023

 

 

2022

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(124,651

)

 

$

(101,052

)

Denominator:

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

58,046,553

 

 

 

58,111,437

 

Less: weighted-average unvested restricted shares and shares subject to repurchase

 

 

(1,031,394

)

 

 

(3,237,762

)

Weighted-average shares used to compute basic and diluted net loss per share attributable to common stockholders

 

 

57,015,159

 

 

 

54,873,675

 

Net loss per share attributable to common stockholders — basic and diluted:

 

$

(2.19

)

 

$

(1.84

)

Anti-dilutive Outstanding Shares or Equivalents

The following outstanding options, unvested shares, and ESPP shares were excluded (as common stock equivalents) from the computation of diluted net loss per common share for the periods presented as their effect would have been antidilutive (in thousands):

 

 

Year Ended December 31,

 

 

 

2023

 

 

2022

 

Options to purchase common stock

 

 

5,376,373

 

 

 

7,755,303

 

Common stock subject to vesting or repurchase

 

 

565,667

 

 

 

2,767,526

 

Employee Stock Purchase Plan shares

 

 

 

 

 

168,080

 

Total

 

 

5,942,040

 

 

 

10,690,909