XML 32 R9.htm IDEA: XBRL DOCUMENT v3.22.4
Net Loss Per Share
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Net Loss Per Share

3. Net Loss Per Share

The following tables summarize the computation of the basic and diluted net loss per share (in thousands except share and per share data):

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(113,837

)

 

$

(86,075

)

Denominator:

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

43,635,044

 

 

 

32,901,002

 

Less: weighted average unvested common stock
   issued upon early exercise of common stock options

 

 

(3,322

)

 

 

(44,119

)

Weighted average shares used to compute net loss
   per share, basic and diluted

 

 

43,631,722

 

 

 

32,856,883

 

Net loss per share, basic and diluted

 

$

(2.61

)

 

$

(2.62

)

 

The following table summarizes the outstanding potentially dilutive securities that have been excluded in the calculation of diluted net loss per share because their inclusion would be anti-dilutive:

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

Common stock options

 

 

5,519,275

 

 

 

4,204,686

 

Restricted stock units

 

 

356,728

 

 

 

 

Unvested common stock upon early exercise of common stock options

 

 

508

 

 

 

16,181

 

 

 

 

5,876,511

 

 

 

4,220,867