| Net Loss Per Share |
13. Net Loss Per Share
The following table sets forth the computation of the Company’s basic and diluted net loss per share.
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|
|
|
|
|
|
|
|
|
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|
|
|
|
Year Ended December 31, |
|
|
|
2022 |
|
|
2021 |
|
|
2020 |
|
|
|
(in thousands, except share and per share amounts) |
|
Numerator: |
|
|
|
|
|
|
|
|
|
Net loss |
|
$ |
(119,204 |
) |
|
$ |
(105,538 |
) |
|
$ |
(32,128 |
) |
Denominator: |
|
|
|
|
|
|
|
|
|
Shares used in computing net loss per share |
|
|
50,739,185 |
|
|
|
46,119,089 |
|
|
|
32,573,469 |
|
Net loss per share, basic and diluted |
|
$ |
(2.35 |
) |
|
$ |
(2.29 |
) |
|
$ |
(0.99 |
) |
The following common stock equivalents were excluded from the computation of diluted net loss per share for the years ended December 31, 2022, 2021 and 2020 because including them would have been antidilutive:
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|
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|
|
|
|
|
Year Ended December 31, |
|
|
|
2022 |
|
|
2021 |
|
|
2020 |
|
Common stock options issued and outstanding |
|
|
7,310,611 |
|
|
|
6,512,086 |
|
|
|
5,439,295 |
|
Restricted stock units issued and outstanding |
|
|
3,958,478 |
|
|
|
2,403,826 |
|
|
|
666,375 |
|
Warrants to purchase common stock |
|
|
127,616 |
|
|
|
127,616 |
|
|
|
153,070 |
|
Shares to be issued under ESPP |
|
|
150,532 |
|
|
|
54,759 |
|
|
|
55,299 |
|
Total |
|
|
11,547,237 |
|
|
|
9,098,287 |
|
|
|
6,314,039 |
|
|