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Net Loss Per Common Share
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Net Loss Per Common Share

7.

Net Loss Per Common Share

Basic and diluted net loss per common share were calculated as follows:

 

 

 

 

Three Months Ended March 31,

 

(in thousands, except share and per share amounts)

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

 

Net loss

 

$

(13,337

)

 

$

(9,206

)

Net loss attributable to noncontrolling interest

 

 

 

 

 

(205

)

Net loss attributable to common stockholders

 

$

(13,337

)

 

$

(9,001

)

Denominator:

 

 

 

 

 

 

 

 

Weighted average common stock outstanding,

   basic and diluted

 

 

15,160,046

 

 

 

215,890

 

Net loss per share attributable to common

   stockholders, basic and diluted

 

$

(0.88

)

 

$

(41.69

)

 

The Company excluded the following potential shares of common stock, presented based on amounts outstanding at each period end, from the computation of diluted net loss attributable to common stockholders per share of common stock for the periods indicated because including them would have had an anti-dilutive effect:

 

 

 

Three Months Ended March 31,

 

 

 

2021

 

 

2020

 

Options to purchase common stock

 

 

2,544,778

 

 

 

540,679

 

Restricted common stock

 

 

71,429

 

 

 

166,667

 

Convertible preferred stock (as converted to

   common stock)

 

 

 

 

 

7,334,518

 

Options to purchase convertible preferred stock (as

   converted to common stock)

 

 

 

 

 

984,306

 

Total

 

 

2,616,207

 

 

 

9,026,170