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Net Income (Loss) Per Share Attributable to Common Stockholders (Tables)
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Schedule of Computation of Basic And Diluted Net (Loss) Income Per Share Attributable to Common Stockholders

The following table sets forth the computation of basic and diluted net income (loss) per share attributable to common stockholders for the years ended December 31, 2021 and 2020 (in thousands, except share and per share data):

 

 

 

For the Year Ended December 31,

 

 

 

2021

 

 

2020

 

Net income (loss) available to common stockholders

 

$

(9,803

)

 

$

3,570

 

Less: undistributed income attributable to preferred stockholders

 

 

 

 

 

(2,962

)

Net income (loss) attributable to common stockholders

 

$

(9,803

)

 

$

608

 

Basic weighted-average common stock outstanding

 

 

16,087,653

 

 

 

3,599,232

 

Weighted-average effect of potentially dilutive securities:

 

 

 

 

 

 

Stock options

 

 

 

 

 

201,404

 

Dilutive weighted-average common stock

 

 

16,087,653

 

 

 

3,800,636

 

Net income (loss) per share attributable to common stockholders

 

 

 

 

 

 

Basic

 

$

(0.61

)

 

$

0.17

 

Diluted

 

$

(0.61

)

 

$

0.16

 

Summary of Common Stock Equivalents Excluded from Calculation of Diluted Loss per Share Attributable to Common Stockholders

The following is a summary of the common stock equivalents for the securities outstanding during the respective periods that have been excluded from the computation of diluted net loss per common share, as their effect would be anti-dilutive:

 

 

 

For the Year Ended December 31,

 

 

 

2021

 

 

2020

 

Employee share-based awards to purchase common stock (1)

 

 

2,206,993

 

 

 

 

Convertible Series A preferred stock (2)

 

 

4,607,059

 

 

 

9,342,092

 

Total

 

 

6,814,052

 

 

 

9,342,092