Net Loss Per Share

12 Months Ended

Dec. 31, 2020

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,
	2020			2019
Numerator:
Net loss	$	(91,361	)	$	(21,076	)
Denominator:
Weighted average common shares outstanding		16,918,664			1,712,639
Less: weighted average unvested common stock issued upon early exercise of common stock options		(112,402	)		(165,589	)
Less: weighted average unvested founder shares of common stock		—			(84,539	)
Weighted average shares used to compute net loss per share, basic and diluted		16,806,262			1,462,511
Net loss per share, basic and diluted	$	(5.44	)	$	(14.41	)

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,
	2020		2019
Common stock options		3,640,715		2,329,516
Unvested common stock upon early exercise of common stock options		77,393		132,249
Convertible preferred stock		—		7,374,034
		3,718,108		9,835,799