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Net Loss per Share Attributable to Common Stockholders
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Net Loss per Share Attributable to Common Stockholders Net Loss per Share Attributable to Common Stockholders
The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders (in thousands, except for share and per share amounts):
Year Ended December 31,
2021
2020
Numerator:
Net loss$(36,080)$(24,278)
Reduction of Series A' redeemable convertible preferred stock liquidation value— 228 
Net loss attributable to common stockholders$(36,080)$(24,050)
Denominator:
Weighted-average common stock outstanding used to compute basic and diluted net loss per share16,608,800 204,068 
Net loss per share attributable to common stockholders, basic and diluted$(2.17)$(117.85)
In connection with issuance of Series B’ redeemable convertible preferred stock, the Company amended the terms of the existing Series A’ redeemable convertible preferred stock and reduced the liquidation preference of Series A’ redeemable convertible preferred stock from $116.350 to $58.175. The reduction of Series A’ redeemable convertible preferred stock liquidation preference was accounted for as an extinguishment with $0.2 million recognized as extinguishment gain in accumulated deficit in the quarter ended September 30, 2020. The
extinguishment gain reduced the net loss attributable to common stockholders for the year ended December 31, 2020.
The following potentially dilutive securities outstanding have been excluded from the computation of diluted weighted average shares outstanding because such securities have an antidilutive impact due to the Company’s net loss, in common stock equivalent shares:
December 31,
2021
2020
Redeemable convertible preferred shares— 16,614,178 
Options to purchase common stock3,038,970 2,835,265 
Unvested early exercised common stock options174,171 30,802 
Unvested restricted stock units596,085 — 
Shares committed under ESPP114,736 — 
Redeemable convertible preferred stock warrants— 346,823 
Total Shares3,923,962 19,827,068