Net Loss Per Share

6 Months Ended

Jun. 30, 2021

14.	NET LOSS PER SHARE

The following table sets forth the computation of the Company’s basis in diluted net loss per share for the three months and six months ended June 30, 2021 and 2020 (in thousands except share and per share amounts):


	Three months ended June 30,
Numerator:		2021			2020
Net loss	$	(7,058	)	$	(5,229	)
Denominator:
Weighted-average common shares outstanding		937,300			519,112
Less: Weighted-average unvested restricted shares and shares subject to repurchase		(11,868	)		(61,114	)

Weighted-average shares used to computing basic and diluted net loss per share		925,432			457,998

Net loss per share attributable to common stockholders—basic and diluted	$	(7.63	)	$	(11.42	)


	Six months ended June 30,
	2021			2020
Numerator:
Net loss	$	(12,413	)	$	(9,457	)
Denominator:
Weighted-average common shares outstanding		733,679			517,825
Less: Weighted-average unvested restricted shares and shares subject to repurchase		(16,061	)		(73,359	)

Weighted-average shares used to computing basic and diluted net loss per share		717,618			444,466

Net loss per share attributable to common stockholders—basic and diluted	$	(17.30	)	$	(21.28	)

As of June 30, 2021 and 2020, the Company’s potentially dilutive securities included unvested stock warrants and stock options, which have been excluded from the computation of diluted net loss per share attributable to common stockholders as the effect would be anti-dilutive. Based on the amounts outstanding as of June 30, 2021 and 2020, the Company excluded the following potential common shares from the computation of diluted net loss per share attributable to common stockholders because including them would have had an anti-dilutive effect:


	June 30, 2021		June 30, 2020
Options to purchase common stock		795,428		386,689
Redeemable convertible preferred stock		—		3,692,909
Unvested restricted common stock		—		393
Common stock warrants		7,178		—

		802,606		4,079,991