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Net Loss Per Share
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Net Loss Per Share

14. Net Loss Per Share

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

 

 

Year Ended
December 31,

 

(in thousands, except share and per share amounts)

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(92,094

)

 

$

(68,899

)

Cumulative dividends on redeemable convertible preferred stock

 

 

 

 

 

(1,228

)

Net loss attributable to common stockholders

 

$

(92,094

)

 

$

(70,127

)

Denominator:

 

 

 

 

 

 

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

 

 

39,551,420

 

 

 

33,433,214

 

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

 

$

(2.33

)

 

$

(2.10

)

The Company’s potentially dilutive securities were stock options and restricted stock units. Based on the amounts outstanding at December 31, 2022 and 2021, 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 December 31,

 

 

 

2022

 

 

2021

 

Options to purchase common stock

 

 

6,471,524

 

 

 

5,086,792

 

Restricted stock units

 

 

1,430,200