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Net Loss Per Share
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Net Loss Per Share

Note 9. Net Loss Per Share

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

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(17,258

)

 

$

(8,399

)

 

$

(33,624

)

 

$

(14,251

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding, basic and diluted

 

 

29,196,398

 

 

 

25,161,038

 

 

 

29,161,437

 

 

 

18,598,521

 

Net loss per share, basic and diluted

 

$

(0.59

)

 

$

(0.33

)

 

$

(1.15

)

 

$

(0.77

)

 

 

Since the Company was in a loss position for all periods presented, basic net loss per share is the same as diluted net loss per share for all periods as the inclusion of all common stock equivalents outstanding would have been anti-dilutive. Potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows:

 

 

 

June 30,

 

 

 

2022

 

 

2021

 

Stock options, issued and outstanding

 

 

5,216,232

 

 

 

2,670,999

 

Estimated shares issuable under the employee stock purchase plan

 

 

26,578

 

 

 

5,396

 

Restricted stock, issued and outstanding

 

 

399,482

 

 

 

645,069

 

Total

 

 

5,642,292

 

 

 

3,321,464