Net Loss Per Share

12 Months Ended

Dec. 31, 2023

13.

Net Loss per Share

Basic and diluted net loss per share was calculated as follows:


	Year Ended December 31,
	2023			2022
Numerator:
Net loss	$	(80,607	)	$	(37,744	)
Cumulative undeclared dividends to participating securities (Legacy Series D convertible preferred stock)		(1,697	)		(2,907	)
Net loss attributable to common stockholders	$	(82,304	)	$	(40,651	)
Denominator:
Basic and diluted weighted-average common stock outstanding		35,581,656			26,918,484
Net loss per share attributable to common stockholders, basic and diluted (1)	$	(2.31	)	$	(1.51	)

(1) The weighted-average common shares and thus net loss per share calculations and potentially dilutive security amounts for all periods prior to the Business Combination have been retrospectively adjusted to the equivalent number of shares outstanding immediately after the Business Combination to effect the reverse capitalization. See Note 3 for further information.

The Company’s potentially dilutive securities have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share. Therefore, the weighted average number of common shares outstanding used to calculate both basic and diluted net loss per share attributable to common stockholders 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 share attributable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect:


	Year Ended December 31,
	2023		2022
Outstanding options to purchase common stock		3,886,038		4,301,960
Restricted Stock Units		643,635		1,415,104
Warrants to purchase preferred stock (as converted to warrants to purchase common stock)		138,857		297,854
Warrants to purchase common stock		264,801		138,857
Shares of Common Stock issued upon the exercise of Public Warrants		18,759,838		—
Earn-Out Shares		9,000,000		—
Convertible notes (as converted to common stock)		—		171,256
Total		32,693,169		6,325,031