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NET LOSS PER COMMON SHARE
 6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
NET LOSS PER COMMON SHARE NET LOSS PER COMMON SHARE

Basic and diluted net loss per common share for the three and six months ended June 30, 2024 and 2023 was calculated as follows:
FOR THE THREE MONTHS ENDED
JUNE 30,
FOR THE SIX MONTHS ENDED
JUNE 30,
(in thousands except share and per share amounts)2024202320242023
Net loss$(16,236)$(18,630)$(35,265)$(35,948)
Weighted-average number of common shares outstanding, basic and diluted44,128,05940,363,90242,450,83740,306,715
Net loss per common share, basic and diluted$(0.37)$(0.46)$(0.83)$(0.89)
Basic net loss per share of common stock is based on the weighted-average number of shares of common stock outstanding during the period. Pre-funded warrants to purchase 3,333,388 shares of common stock that were issued in connection with the November 2022 follow-on offering were included in the weighted-average number of common shares outstanding for the three and six months ended June 30, 2024 and 2023. The weighted average number of common shares outstanding diluted for the three and six months ended June 30, 2024 and 2023 excludes approximately 5.4 million and 5.1 million stock options and unvested restricted stock awards and units, respectively, which were not dilutive.