| 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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Three Months Ended |
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Six Months Ended |
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June 30, |
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June 30, |
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2023 |
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2022 |
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2023 |
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2022 |
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(in thousands, except share and per share amounts) |
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Numerator: |
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Net loss |
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$ |
(38,524 |
) |
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$ |
(26,012 |
) |
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$ |
(88,574 |
) |
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$ |
(65,122 |
) |
Denominator: |
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Shares used in computing net loss per share |
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60,339,475 |
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46,957,196 |
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59,535,918 |
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46,729,663 |
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Net loss per share, basic and diluted |
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$ |
(0.64 |
) |
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$ |
(0.55 |
) |
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$ |
(1.49 |
) |
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$ |
(1.39 |
) |
The following common stock equivalents were excluded from the computation of diluted net loss per share for the period ended June 30, 2023 and 2022, because including them would have been antidilutive:
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As of June 30, |
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2023 |
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2022 |
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Common stock options issued and outstanding |
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8,351,659 |
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7,507,431 |
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Restricted stock units issued and outstanding |
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5,212,174 |
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3,737,945 |
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Warrants to purchase common stock |
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127,616 |
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127,616 |
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Shares to be issued under employee stock purchase plan |
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203,206 |
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158,299 |
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Total |
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13,894,655 |
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11,531,291 |
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