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Net Loss per Share
 9 Months Ended
Sep. 30, 2023
Net Loss per Share  
Net Loss per Share

9. Net Loss per Share

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Basic and diluted net loss per share is summarized in the following table:

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​

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​

​

​

​

​

​

​

​

​

​

​

​

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Three Months Ended

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Nine Months Ended

 

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September 30, 

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September 30, 

 

(In thousands, except for share and per share data)

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2023

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2022

    

2023

    

2022

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Numerator:

    

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​

    

​

​

    

    

​

    

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Net loss

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$

(29,261)

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$

(19,952)

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$

(86,990)

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$

(59,273)

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Denominator:

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​

​

​

​

​

​

​

​

​

​

​

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Weighted average shares of common stock outstanding, basic and diluted

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70,807,934

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66,675,337

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69,452,495

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64,718,008

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Net loss per share, basic and diluted

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$

(0.41)

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$

(0.30)

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$

(1.25)

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$

(0.92)

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The Company’s potentially dilutive securities, which include stock options and RSUs, have been excluded from the computation of diluted net loss per share since the effect would be to reduce the net loss per share. Therefore, the weighted average number of shares of common stock outstanding used to calculate both basic and diluted net loss per share is the same. The following table presents potential shares of common stock excluded from the calculation of diluted net loss per share for the nine months ended September 30, 2023 and 2022. All share amounts presented in the table below represent the total number outstanding as of September 30, 2023 and 2022.

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September 30, 

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2023

​

2022

Options to purchase common stock

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7,122,455

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5,187,664

Restricted stock unit awards

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1,707,190

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1,585,184

Total potential shares of common stock

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8,829,645

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6,772,848

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