Net Loss Per Share Attributable to Common Stockholders

12 Months Ended

Jan. 31, 2023

Net Loss Per Share Attributable to Common Stockholders

The following table sets forth the computation of the basic and diluted net loss per share attributable to common stockholders:


	Fiscal year ended January 31,
(in thousands, except share and per share data)	2023		2022		2021
Numerator:
Net loss attributable to common stockholders	$	(65,938)	$	(93,259)	$	(94,692)
Denominator:
Weighted-average common shares outstanding	125,250,723		127,814,447		119,690,378
Net loss per share attributable to common stockholders, basic and diluted	$	(0.53)	$	(0.73)	$	(0.79)

Basic net loss per share is computed by dividing the net loss attributable to common stockholders by the weighted average number of common shares outstanding during the period. Unvested restricted stock and restricted stock units are excluded from the denominator of basic net loss per share. Diluted net loss per share is computed by dividing the net loss attributable to common stockholders by the weighted average number of common shares plus common equivalent shares for the period, including any dilutive effect from such shares.

Since the Company was in a net loss position for all periods presented, net loss per share attributable to common stockholders was the same on a basic and diluted basis, as the inclusion of all potential common equivalent shares outstanding would have been anti-dilutive. Anti-dilutive common equivalent shares were as follows:


	As of January 31,
	2023	2022	2021
Options to purchase common stock	4,593,704	6,620,701	8,871,890
Restricted stock and restricted stock units	11,564,867	10,184,214	9,545,352
Shares estimated to be purchased under ESPP	517,140	291,079	315,718
Performance-based restricted stock units	2,000,000	—	—
Total anti-dilutive common equivalent shares	18,675,711	17,095,994	18,732,960