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Net Loss Per Share
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Net Loss Per Share

10. Net Loss Per Share

The following table sets forth the computation of the Company’s basic and diluted net loss per share for the three months ended March 31, 2022 and 2021:

 

 

Three Months Ended March 31,

 

(in thousands, except share and per share amounts)

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(22,737

)

 

$

(13,723

)

Cumulative dividends on redeemable convertible preferred stock

 

 

 

 

 

(1,228

)

Net loss attributable to common stockholders

 

$

(22,737

)

 

$

(14,951

)

Denominator:

 

 

 

 

 

 

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

 

 

37,293,438

 

 

 

22,263,994

 

Net loss per share attributable to common stockholders, basic and diluted

 

$

(0.61

)

 

$

(0.67

)

As of the three months ended March 31, 2022 and 2021, the Company’s potentially dilutive securities were stock options and unvested restricted stock. The Company excluded the following potential common shares from the computation of diluted net loss per share attributable to common stockholders because including them would have had an anti-dilutive effect:

 

 

As of March 31,

 

 

 

2022

 

 

2021

 

Options to purchase common stock

 

 

6,341,581

 

 

 

5,081,678

 

Unvested restricted stock

 

 

165,348

 

 

 

359,719