Basic and Diluted Net Loss Per Share (Tables)

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Summary of Computations of Basic Loss Per Share and Diluted Loss Per Share

The following table summarizes the computations of basic loss per share and diluted loss per share. Basic net loss per share is computed by dividing net loss by the weighted-average number of shares of common stock outstanding during the period. Diluted net loss per share is computed by giving effect to all potential dilutive shares of common stock. The Company uses the if converted method for convertible senior notes for calculating any potential dilutive effect on diluted loss per share. (In thousands, except share and per share data)

	Year Ended December 31,
	2022			2021			2020
Net loss	$	(61,174	)	$	(94,796	)	$	(93,396	)
Dilutive effect of convertible notes, net of tax		(18,890	)		—			—
Adjusted net loss	$	(80,064	)	$	(94,796	)	$	(93,396	)
Weighted-average common stock outstanding — basic		39,680,440			37,962,793			34,581,144
Dilutive potential common shares related to convertible notes		5,903,019			—			—
Weighted-average common stock outstanding — diluted		45,583,459			37,962,793			34,581,144
Basic loss per share	$	(1.54	)	$	(2.50	)	$	(2.70	)
Diluted loss per share	$	(1.76	)	$	(2.50	)	$	(2.70	)

Schedule of Common Equivalent Shares were Excluded from Diluted Net Loss Per Share Calculation because their Inclusion would have been Anti-Dilutive

The following common equivalent shares were excluded from the diluted net loss per share calculation because their inclusion would have been anti-dilutive:

	Year Ended December 31,
	2022		2021		2020
Convertible senior notes		—		6,080,480		6,371,882
Stock-based compensation grants		3,375,500		1,737,478		1,699,562
Total		3,375,500		7,817,958		8,071,444