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Net Loss per Share
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Net Loss per Share

10. Net Loss per Share

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

 

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

(in thousands, except share and per share data)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss – basic and diluted

 

$

(42,072

)

 

$

(45,510

)

 

$

(130,574

)

 

$

(114,021

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding – basic and diluted

 

 

84,948,837

 

 

 

62,962,434

 

 

 

71,213,219

 

 

 

62,588,898

 

Net loss per share – basic and diluted

 

$

(0.50

)

 

$

(0.72

)

 

$

(1.83

)

 

$

(1.82

)

 

Based on the amounts outstanding at September 30, 2022 and 2021, the Company excluded the following potential shares of common stock from the computation of diluted net loss per share attributable to common stockholders for the three and nine months ended September 30, 2022 and 2021, because including them would have had an anti-dilutive effect. Therefore, the weighted-average

number of common shares outstanding used to calculate both basic and diluted net loss per share attributable to common stockholders is the same.

 

 

 

September 30,

 

 

 

2022

 

 

2021

 

Options to purchase common stock

 

 

8,499,509

 

 

 

6,028,476

 

Unvested restricted stock

 

 

2,746,971

 

 

 

3,126,635