NET LOSS PER SHARE

3 Months Ended

Mar. 31, 2023

Net loss per share

The following table summarizes the computation of basic and diluted net loss per share attributable to common shareholders of the Company (in thousands, except share and per share amounts):


	Three Months Ended March 31,
		2023		2022
Net loss		$	(20,875)	$	(25,507)
Weighted average common shares outstanding, basic and diluted		36,483,878		36,271,291
Net loss per share, basic and diluted		$	(0.57)	$	(0.70)

The Company’s potentially dilutive securities, which include options, unvested restricted stock and warrants to purchase common stock, have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share. Therefore, the weighted average number of common shares outstanding used to calculate both basic and diluted net loss per share is the same. The Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share for the periods indicated because including them would have had an anti-dilutive effect:


	Three Months Ended March 31,
	2023	2022
Options to purchase common stock	7,710,285	5,918,794
Unvested restricted stock	86,290	45,742
Shares issuable under employee stock purchase plan	102,351	27,572
Unvested performance restricted stock units	229,859	19,000
Warrants to purchase common stock	10,757	10,757
	8,139,542	6,021,865