Net Loss Per Share

6 Months Ended

Jun. 30, 2022

NET LOSS PER SHARE

Basic and diluted net loss per share have been computed by dividing the net loss by the weighted-average number of common shares outstanding during the period, without consideration of common share equivalents as their effect would have been antidilutive.

The following tables set forth the computation of the Company’s basic and diluted net loss per share (in thousands, except shares and per share data):


	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Numerator:
Net loss used to compute basic and diluted net loss per share	$	(21,697)	$	(1,927)	$	(41,345)	$	(2,614)
Denominator:
Weighted-average shares used to compute basic and diluted net loss per share	53,249,545		52,224,300		53,133,149		51,705,587
Net loss per share:
Basic and diluted	$	(0.41)	$	(0.04)	$	(0.78)	$	(0.05)

The following potentially dilutive securities have been excluded from diluted net loss per share as of June 30, 2022 and 2021 because their effect would be antidilutive:


	Three and Six Months Ended
	2022	2021
Shares of common stock subject to outstanding options	2,497,986	2,117,516
Shares of common stock subject to outstanding common stock warrants	3,132	3,132

Restricted stock units	2,591,882	1,868,980
Total common stock equivalents	5,093,000	3,989,628