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Net Loss Per Common Share
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Net Loss Per Common Share
8.
Net Loss Per Common Share

Net Loss Per Common Share

Basic and diluted net loss per common share was calculated as follows (in thousands, except share and per share amounts):

 

 

 

Three Months Ended September 30,

 

Nine Months Ended September 30,

 

 

2024

 

2023

 

2024

 

2023

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(34,555)

 

$

(21,502)

 

$

(95,907)

 

$

(69,883)

Denominator:

 

 

 

 

 

 

 

 

Weighted average shares used to compute net loss per share, basic and diluted

 

 

57,262,803

 

 

44,977,161

 

 

53,194,081

 

 

41,999,978

Net loss per share, basic and diluted

 

$

(0.60)

 

$

(0.48)

 

$

(1.80)

 

$

(1.66)

 

The potentially dilutive shares that were excluded from the calculation of diluted net loss per share because their effect would have been anti-dilutive for the periods presented are as follows:

 

 

 

Nine Months Ended September 30,

 

 

 

2024

 

 

2023

 

Unvested restricted stock awards

 

 

 

 

 

147,956

 

Unvested performance-based restricted stock unit awards

 

 

403,000

 

 

 

665,000

 

Options to purchase common stock

 

 

11,374,048

 

 

 

8,976,311

 

Employee stock purchase plan contingently issuable

 

 

17,227

 

 

 

65,669

 

 

 

11,794,275

 

 

 

9,854,936