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Net Loss Per Share
 3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Net Loss Per Share

11. NET LOSS PER SHARE

 

Basic net loss per share is calculated by dividing the net loss attributable to common stockholders by the weighted-average number of shares of common stock outstanding during the period, without consideration for potentially dilutive securities. Diluted net loss per share is the same as basic net loss per share for the periods presented since the effects of potentially dilutive securities are antidilutive given the net loss of the Company.

Basic and diluted net loss per share is calculated as follows (in thousands, except share and per share amounts):

 

 

 

Three Months Ended
March 31,

 

 

 

2024

 

 

2023

 

Net loss

 

$

(8,562

)

 

$

(7,525

)

Net loss per share—basic and diluted

 

$

(0.20

)

 

$

(0.30

)

Weighted-average number of shares used in computing net loss
   per share—basic and diluted

 

 

43,287,325

 

 

 

24,732,580

 

 

The following outstanding potentially dilutive securities have been excluded from the calculation of diluted net loss per share, as their effect is antidilutive:

 

 

 

Three Months Ended
March 31,

 

 

2024

 

2023

 

Stock options to purchase common stock

 

 

7,707,784

 

 

3,870,924

 

Pre-Funded Warrants

 

 

574,241

 

 

—

 

Series A Warrants

 

 

11,823,829

 

 

—

 

Series B Warrants

 

 

11,823,829

 

 

—

 

Total

 

 

31,929,683

 

 

3,870,924