Net Loss Per Share

3 Months Ended

Mar. 31, 2024

13. Net Loss per Share

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


	Three Months Ended March 31,			Three Months Ended March 31,
	2024			2023
Numerator:
Net loss attributable to common stockholders	$	(43,496	)	$	(35,321	)
Denominator:
Weighted-average common shares outstanding, basic and diluted		115,618,209			108,785,519
Net loss per share attributable to common stockholders, basic and diluted	$	(0.38	)	$	(0.32	)

Shares of unvested restricted common stock are not considered outstanding for accounting purposes until vested and were excluded from the calculations of basic net loss per share attributable to common stockholders for the three months ended March 31, 2023. There were no shares of unvested restricted common stock for the three months ended March 31, 2024.

The Company’s potential dilutive securities 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:


	For the Three Months Ended March 31,		For the Three Months Ended March 31,
	2024		2023
Stock options to purchase common stock		26,364,033		23,883,782
Unvested restricted common stock		—		93,476
Warrants to purchase common stock		6,824,712		6,824,712
		33,188,745		30,801,970