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Net Loss per Share
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Net Loss per Share

10. 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,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

 

 

(in thousands, except share and per share amounts)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(11,946

)

 

$

(38,093

)

 

$

(46,887

)

 

$

(72,850

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding — basic and
   diluted

 

 

42,089,530

 

 

 

41,899,509

 

 

 

42,065,237

 

 

 

41,880,666

 

Net loss per share — basic and diluted

 

$

(0.28

)

 

$

(0.91

)

 

$

(1.11

)

 

$

(1.74

)

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,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Options to purchase common shares

 

 

10,030,741

 

 

 

7,974,403

 

 

 

10,030,741

 

 

 

7,974,403

 

Restricted share units

 

 

609,710

 

 

 

 

 

 

609,710

 

 

 

 

Estimated shares issuable under the ESPP

 

 

5,353

 

 

 

1,712

 

 

 

5,353

 

 

 

1,712