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Net Loss per Share
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Net Loss per Share

9. Net Loss per Share  

The following table summarizes the computation of basic and diluted net loss per share attributable to common shareholders of the Company:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

 

(in thousands, except share and per share amounts)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to common shareholders

 

$

(26,309

)

 

$

(11,802

)

 

$

(47,726

)

 

$

(24,403

)

Net loss attributable to common shareholders—basic and diluted

 

$

(26,309

)

 

$

(11,802

)

 

$

(47,726

)

 

$

(24,403

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average number of common shares outstanding—basic

   and diluted

 

 

37,036,683

 

 

 

4,825,214

 

 

 

36,977,040

 

 

 

3,229,635

 

Net loss per share attributable to common shareholders—basic and

   diluted

 

$

(0.71

)

 

$

(2.45

)

 

$

(1.29

)

 

$

(7.56

)

 

The Company’s potentially dilutive securities, which include options, have been excluded from the computation of diluted net loss per share attributable to common shareholders as the effect would be to reduce the net loss per share attributable to common shareholders. Therefore, the weighted average number of common shares outstanding used to calculate both basic and diluted net loss per share attributable to common shareholders 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 shareholders for the periods indicated because including them would have had an anti-dilutive effect:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Options to purchase common shares

 

 

5,258,005

 

 

 

4,099,545

 

 

 

5,258,005

 

 

 

4,099,545