Net Loss Per Share

3 Months Ended

Sep. 30, 2021

Note 12. Net Loss Per Share

The following table sets forth the computation of basic and diluted net loss per share for the periods indicated (in thousands, except per share data):

	Three Months Ended September 30,
	2021			2020
Numerator
Net loss	$	(25,130	)	$	(10,407	)
Less: cumulative dividends allocated to preferred stockholders		—			(3,811	)
Net loss attributable to common stockholders	$	(25,130	)	$	(14,218	)
Denominator
Weighted-average shares used to compute net loss per share attributable to common stockholders, basic and diluted		60,085			25,984
Net loss per share attributable to common stockholders
Basic and diluted	$	(0.42	)	$	(0.55	)

Basic net loss per share is the same as diluted net loss per share because the Company reported net losses for all periods presented. The Company excluded the following potential shares of common stock from the calculation of diluted net loss per share attributable to common stockholders because these would be anti-dilutive:

	As of September 30,
	2021		2020
Convertible preferred stock (on an if-converted basis)		—		19,034,437
Outstanding stock options to purchase common stock		14,300,833		12,829,872
Unvested stock options exercised early		150,000		—
Unvested performance stock units and restricted stock units		4,682,428		—
Total		19,133,261		31,864,309