Net Loss Per Share

3 Months Ended

Mar. 31, 2022

13. Net Loss Per Share

Basic net loss per share is calculated by dividing the net loss attributable to common stockholders by the weighted average number of shares of common stock outstanding during the period, without consideration for potentially dilutive securities. Diluted net loss per share is the same as basic net loss per share for the periods presented since the effects of potentially dilutive securities are antidilutive given the net loss of the Company.

The Company has calculated basic and diluted net loss per share for the three months ended March 31, 2022 and 2021 as follows (in thousands, except share and per share data):


	Three Months Ended March 31,
	2022			2021
Numerator:
Net loss	$	(12,835	)	$	(5,927	)
Less: Accruals of dividends of preferred stock		—			(2,331	)
Net loss attributable to common stockholders—basic and diluted	$	(12,835	)	$	(8,258	)
Denominator:
Weighted-average common stock outstanding		29,213,632			400,450
Net loss per share attributable to common stockholders—basic and diluted	$	(0.44	)	$	(20.62	)

The following potentially dilutive securities were excluded from the computation of the diluted net loss per share for the periods presented because their effect would have been antidilutive:


	Three Months Ended March 31,
	2022		2021
Convertible preferred stock		—		22,550,561
Stock options to purchase common stock		4,282,862		1,415,116
Restricted stock units that vest into common stock		227,854		—
Warrants to purchase preferred stock		—		12,686
Warrants to purchase common stock		12,686		—
Total potential dilutive shares		4,523,402		23,978,363