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Net Loss Per Share
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Net Loss Per Share
10.
Net Loss Per Share

Basic and diluted net loss per share attributable to common stockholders was calculated as follows:

 

 

Three Months Ended March 31,

 

 

 

(in thousands, except per share data)

 

 

 

2023

 

 

2022

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(28,008

)

 

$

(25,208

)

Denominator:

 

 

 

 

 

 

Weighted-average common stock outstanding – basic and diluted

 

 

88,193,917

 

 

 

87,670,653

 

Net loss per common share – basic and diluted

 

$

(0.32

)

 

$

(0.29

)

The Company’s potential dilutive securities, which include common stock options and unvested restricted common stock, 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:

 

 

March 31,

 

 

 

2023

 

 

2022

 

Stock options to purchase common stock

 

 

17,018,240

 

 

 

12,741,946

 

Unvested restricted common stock

 

 

633,626

 

 

 

 

Total

 

 

17,651,866

 

 

 

12,741,946