Net loss per share

12 Months Ended

Mar. 31, 2021

10. Net loss per share

The following table sets forth the computation of the Company’s basic and diluted net loss per share attributable to common stockholders (in thousands, except per share amounts):


	Twelve Months Ended March 31,
	2021		2020
Numerator:
Net loss attributable to common stockholders	$	(80,870)	$	(52,625)
Denominator:
Weighted average common shares outstanding, basic and diluted		46,248,969		34,261,548
Net loss per share attributable to common stockholders, basic and diluted	$	(1.75)	$	(1.54)

The November 2019 Pre-Funded Warrants, the June 2020 Pre-Funded Warrants and October 2020 Pre-Funded Warrants are included as outstanding common stock in the calculation of basic and diluted net loss per share attributable to common stockholders.

The Company's potentially dilutive securities, which include stock options and warrants to purchase shares of series seed preferred 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:


	Twelve Months Ended
	March 31,
	2021	2020
Options to purchase common stock	6,476,159	4,964,381
Warrants to purchase convertible preferred stock (as converted to common stock)	497,344	497,344
	6,973,503	5,461,725