Net Loss Per Share

6 Months Ended

Jun. 30, 2022

Income Statement [Abstract]

Net Loss Per Share

12. Net Loss per Share

The Company’s preferred stock were considered participating securities for purposes of calculating earnings per share because they had a right to participate in dividends with common stock. However, because the Company’s preferred stock do not have a contractual obligation to share in the losses of the Company on a basis that is objectively determinable, they were excluded from the calculation of basic net loss per share.

The following common stock equivalents were excluded from the computation of diluted net loss per share for the periods presented because including them would have had an anti-dilutive effect:

	June 30,
	2022		2021
Employee stock options issued and outstanding		9,334,371		4,679,038
Series A Common Stock Equivalent Convertible Preferred Stock		2,500,000		-
Common stock subject to the Company’s right of repurchase		845,429		2,958,410
Total		12,679,800		7,637,448