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Net Loss Per Share
 3 Months Ended
Mar. 31, 2024
Net Loss Per Share [Abstract]  
Net Loss Per Share
Note 10. Net Loss Per Share

The Company presents both basic earnings per share (“EPS”) and diluted EPS. Basic net loss per share is computed by dividing net loss by the weighted-average number of shares of common stock outstanding for the period. Diluted net loss per share is computed by giving effect to all common share equivalents to the extent they are dilutive. Basic and diluted net loss per share was the same for each period presented as the inclusion of all common share equivalents would have been anti-dilutive.
 
The following table presents the calculations for the three months ended March 31, 2024 and 2023 of basic and diluted net loss per share for the Company’s common stock (in thousands, except per share amounts):
 
   
2024
    
2023
  
Numerator
            
Net loss
  
$
(19,474
)
  
$
(23,611
)
Numerator for basic and diluted EPS - loss attributable to common stockholders
  
$
(19,474
)
  
$
(23,611
)
Denominator
                
Common stock
    
141,773
      
140,280
  
Denominator for basic and diluted EPS - weighted-average common stock
    
141,773
      
140,280
  
Basic and diluted net loss per share
  
$
(0.14
)
  
$
(0.17
)

Additionally, net loss per share attributable to Class A and Class B common stockholders was the same on a basic and diluted basis, as the inclusion of all potential common equivalent shares outstanding would have been anti-dilutive.

The following potential dilutive shares were excluded from the calculation of diluted net loss per share because their effect would be anti-dilutive for the three months ended March 31, 2024 and 2023:

   
2024
    
2023
  
Outstanding options to purchase common stock
    
22,101,807
      
24,218,892
  
Outstanding restricted stock units
    
6,152,344
      
465,866
  
Outstanding warrants
    
3,968,319
      
3,968,319
  
     
32,222,470
      
28,653,077