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Net Loss Per Share
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Net Loss Per Share

10. Net Loss Per Share

The following table sets forth the computation of the basic and diluted net loss per share (in thousands, except share and per share amounts):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(9,181

)

 

$

(12,824

)

 

$

(20,806

)

 

$

(25,615

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares of common stock outstanding

 

 

41,163,209

 

 

 

40,547,925

 

 

 

41,129,719

 

 

 

36,247,931

 

Net loss per share, basic and diluted

 

$

(0.22

)

 

$

(0.32

)

 

$

(0.51

)

 

$

(0.71

)

Basic net loss per share was the same as diluted net loss per share for all periods as the inclusion of potentially dilutive securities would have been anti-dilutive. Potentially dilutive securities that were not included in the diluted per share calculations were as follows:

 

 

June 30,

 

 

 

2024

 

 

2023

 

Shares subject to outstanding Standard Warrants

 

 

12,687,000

 

 

 

12,687,000

 

Shares subject to outstanding RSUs

 

 

3,991,700

 

 

 

2,707,975

 

Shares subject to outstanding common stock options

 

 

3,863,372

 

 

 

4,292,447

 

Estimated shares issuable under the 2020 Employee Stock Purchase Plan

 

 

246,910

 

 

 

271,008

 

Total

 

 

20,788,982

 

 

 

19,958,430