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Net Loss Per Share
9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Net Loss Per Share

11. Net Loss Per Share

Basic and diluted net loss per share attributable to common stockholders was calculated as follows (in thousands, except share and per share amounts):

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders—basic and diluted

 

$

(14,466

)

 

$

(9,198

)

 

$

(41,136

)

 

$

(22,238

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average number of common shares used in net loss per
   share—basic and diluted

 

 

22,081,162

 

 

 

1,778,255

 

 

 

21,991,509

 

 

 

1,772,491

 

Net loss per share—basic and diluted

 

$

(0.66

)

 

$

(5.17

)

 

$

(1.87

)

 

$

(12.55

)

 

The Company’s potentially dilutive securities, which include Preferred Stock, stock options and RSUs, 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 attributable to common stockholders is the same. The Company excluded the following shares from the computation of diluted net loss per share attributable to common stockholders as of September 30, 2023 and 2022 because including them would have had an anti-dilutive effect:

 

September 30,

 

 

2023

 

 

2022

 

Convertible preferred stock (as converted to common stock)

 

 

 

 

 

27,471,911

 

Options to purchase common stock

 

 

3,196,965

 

 

 

2,148,679

 

Unvested restricted stock units

 

 

2,338,132