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Net Loss per Share
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Net Loss per Share

9. Net Loss per Share

Basic and diluted net loss per common share attributable to common stockholders was calculated as follows (in thousands, except share and per share amounts):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders

 

$

(20,174

)

 

$

(17,015

)

 

$

(39,969

)

 

$

(32,349

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding, basic and diluted

 

 

38,657,205

 

 

 

28,150,051

 

 

 

38,601,916

 

 

 

27,409,264

 

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

 

$

(0.52

)

 

$

(0.60

)

 

$

(1.04

)

 

$

(1.18

)

 

The Company’s potentially dilutive securities have been excluded from the computation of diluted net loss per common share as the effect would be to reduce the net loss per common share. Therefore, the weighted-average number of common shares outstanding used to calculate both basic and diluted net loss per common share is the same. The Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of diluted net loss per common share for the periods indicated because including them would have had an anti-dilutive effect:

 

 

 

As of June 30,

 

 

2023

 

 

2022

 

Options to purchase common stock – service based

 

 

5,550,413

 

 

 

4,162,669

 

Options to purchase common stock – performance based

 

 

210,629

 

 

 

210,629

 

Unvested restricted common stock

 

 

53,715

 

 

 

112,311

 

Total

 

 

5,814,757

 

 

 

4,485,609