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Net Loss Per Share (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Loss Per Share

The following table sets forth the computation of the Company’s basic and diluted net loss per share for the three and nine months ended September 30, 2024 and 2023:

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

(in thousands, except share and per share amounts)

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders

 

$

(27,559

)

 

$

(33,190

)

 

$

(86,202

)

 

$

(91,602

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average number of common shares outstanding, basic and diluted

 

 

68,465,801

 

 

 

67,607,713

 

 

 

68,266,044

 

 

 

66,973,771

 

Net loss per share attributable to common stockholders, basic and diluted

 

$

(0.40

)

 

$

(0.49

)

 

$

(1.26

)

 

$

(1.37

)

 

Potential Dilutive Securities Excluded from Computation of Diluted Net Loss Per Share

The Company’s potentially dilutive securities were stock options, unvested restricted stock and restricted stock units. Based on the amounts outstanding as of September 30, 2024 and 2023, the Company excluded the following potential common shares from the computation of diluted net loss per share attributable to common stockholders because including them would have had an anti-dilutive effect:

 

 

As of September 30,

 

 

 

2024

 

 

2023

 

Options to purchase common stock

 

 

9,703,165

 

 

8,434,200

 

Unvested restricted stock

 

 

2,575

 

 

 

12,874

 

Restricted stock units

 

 

1,406,736

 

 

1,051,206