Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share (Tables)

v3.23.1
Net Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Summary of Computation of Company's Basic and Diluted Net Loss Per Share

The following table sets forth the computation of the Company’s basic and diluted net loss per share.

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2023

 

 

2022

 

 

 

(in thousands, except share and per share amounts)

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(50,050

)

 

$

(39,110

)

Denominator:

 

 

 

 

 

 

Shares used in computing net loss per share

 

 

58,723,432

 

 

 

46,499,602

 

Net loss per share, basic and diluted

 

$

(0.85

)

 

$

(0.84

)

 

Summary of Common Stock Equivalents of Antidilutive Securities Excluded from Computation of Diluted Net Loss per Share

The following common stock equivalents were excluded from the computation of diluted net loss per share for the period ended March 31, 2023 and 2022, because including them would have been antidilutive:

 

 

 

As of March 31,

 

 

 

2023

 

 

2022

 

Common stock options issued and outstanding

 

 

8,336,599

 

 

 

7,243,696

 

Restricted stock units issued and outstanding

 

 

5,354,600

 

 

 

3,675,945

 

Warrants to purchase common stock

 

 

127,616

 

 

 

127,616

 

Shares to be issued under employee stock purchase plan

 

 

31,381

 

 

 

15,212

 

Total

 

 

13,850,196

 

 

 

11,062,469