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Net Loss Per Share
6 Months Ended
Jun. 30, 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 and six months ended June 30, 2022 and 2021:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

(in thousands, except share and per share amounts)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(21,659

)

 

$

(18,370

)

 

$

(44,396

)

 

$

(32,093

)

Cumulative dividends on redeemable convertible preferred stock

 

 

 

 

 

 

 

 

 

 

 

(1,228

)

Net loss attributable to common stockholders

 

$

(21,659

)

 

$

(18,370

)

 

$

(44,396

)

 

$

(33,321

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

37,437,063

 

 

 

36,843,087

 

 

 

37,365,647

 

 

 

29,593,814

 

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

 

$

(0.58

)

 

$

(0.50

)

 

$

(1.19

)

 

$

(1.13

)

As of the three and six months ended June 30, 2022 and 2021, the Company’s potentially dilutive securities were stock options, unvested restricted stock and restricted stock units. 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 June 30,

 

 

 

2022

 

 

2021

 

Options to purchase common stock

 

 

5,893,016

 

 

 

5,141,794

 

Unvested restricted stock

 

 

138,052

 

 

 

257,578

 

Restricted stock units

 

 

1,040,500