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Net Loss Per Share Attributable to Common Shareholders (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Summary of Computation of Basic and Diluted Loss

The following table sets forth the computation of basic and diluted loss (in thousands, except for share and per share amounts):

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Net loss

 

$

(9,928

)

 

$

(8,650

)

 

$

(19,590

)

 

$

(13,980

)

Less: Cumulative preferred dividends allocated to Series A preferred stockholders

 

 

 

 

 

(394

)

 

 

 

 

 

(782

)

Net loss attributable to common stockholders, basic and diluted

 

$

(9,928

)

 

$

(9,044

)

 

$

(19,590

)

 

$

(14,762

)

Weighted-average common stock outstanding

 

 

23,655,680

 

 

 

11,109,052

 

 

 

23,630,523

 

 

 

11,102,081

 

Less: weighted-average shares of common stock subject to vesting

 

 

(62,685

)

 

 

(378,235

)

 

 

(131,545

)

 

 

(394,086

)

Weighted-average shares of common stock outstanding used in the calculation of basic and diluted net loss per share attributable to shareholders

 

 

23,592,995

 

 

 

10,730,818

 

 

 

23,498,978

 

 

 

10,707,996

 

Loss per share attributable to common shareholders, basic and diluted

 

$

(0.42

)

 

$

(0.84

)

 

$

(0.83

)

 

$

(1.38

)

Schedule of Potentially Dilutive Securities Excluded from the Computation of Diluted Weighted Average Shares Outstanding

The following potentially dilutive securities have been excluded from the computation of diluted weighted average shares outstanding, as they would be anti-dilutive:

 

 

Three and Six Months Ended
June 30,

 

 

 

2022

 

 

2021

 

SAFE agreements

 

 

 

 

 

3,013,815

 

Options to purchase common stock

 

 

2,718,290

 

 

 

227,125

 

 

 

 

2,718,290

 

 

 

3,240,940