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Net Loss Per Share Attributable to Common Stockholders (Tables)
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Summary of Computation of Basic and Diluted Net Loss Per Share

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):

 

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(17,529

)

 

$

(1,312

)

 

$

(37,238

)

 

$

(1,453

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

12,482,522

 

 

 

8,660,951

 

 

 

11,781,319

 

 

 

4,330,475

 

Less: weighted-average unvested restricted shares and

   shares subject to repurchase

 

 

(7,395,514

)

 

 

(6,331,549

)

 

 

(7,375,962

)

 

 

(3,165,775

)

Weighted-average shares used to compute basic and diluted

   net loss per share attributable to common stockholders

 

 

5,087,008

 

 

 

2,329,402

 

 

 

4,405,357

 

 

 

1,164,700

 

Net loss per share attributable to common stockholders—

   basic and diluted:

 

$

(3.45

)

 

$

(0.56

)

 

$

(8.45

)

 

$

(1.25

)

Schedule of Anti-dilutive Outstanding Shares or Equivalents

Anti-dilutive Outstanding Shares or Equivalents

 

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Redeemable convertible preferred stock

 

 

-

 

 

 

15,019,945

 

 

 

-

 

 

 

15,019,945

 

Options to purchase common stock

 

 

4,752,515

 

 

 

-

 

 

 

4,752,515

 

 

 

-

 

Common stock subject to vesting or repurchase

 

 

5,560,465

 

 

 

6,002,187

 

 

 

5,560,465

 

 

 

6,002,187

 

Employee Stock Purchase Plan shares

 

 

31,850

 

 

 

-

 

 

 

31,850

 

 

 

-

 

Total

 

 

10,344,830

 

 

 

21,022,132

 

 

 

10,344,830

 

 

 

21,022,132