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Net Loss Per Share
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Net Loss Per Share

3. Net Loss Per Share

The following tables summarize the computation of the basic and diluted net loss per share (in thousands except share and per share data):

 

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(86,075

)

 

$

(91,361

)

Denominator:

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

32,901,002

 

 

 

16,918,664

 

Less: weighted average unvested common stock
   issued upon early exercise of common stock options

 

 

(44,119

)

 

 

(112,402

)

Weighted average shares used to compute net loss
   per share, basic and diluted

 

 

32,856,883

 

 

 

16,806,262

 

Net loss per share, basic and diluted

 

$

(2.62

)

 

$

(5.44

)

 

The following table summarizes the outstanding potentially dilutive securities that have been excluded in the calculation of diluted net loss per share because their inclusion would be anti-dilutive:

 

 

 

December 31,

 

 

 

2021

 

 

2020

 

Common stock options

 

 

4,204,686

 

 

 

3,640,715

 

Unvested common stock upon early exercise of common stock options

 

 

16,181

 

 

 

77,393

 

 

 

 

4,220,867

 

 

 

3,718,108