Net Loss Per Share

12 Months Ended

Dec. 31, 2023

8. Net Loss Per Share

The following table sets forth the computation of the basic and diluted net loss per share (in thousands, except share and per share amounts):


	Year Ended December 31,
	2023			2022
Numerator:
Net loss	$	(69,134	)	$	(55,325	)
Denominator:
Weighted-average common shares outstanding		42,882,832			42,627,825
Less: weighted-average unvested restricted common stock subject to repurchase		(2,393	)		(269,174	)
Less: weighted-average unvested common stock issued upon early exercise of common stock options		(175,563	)		(474,746	)
Weighted-average shares used to compute net loss per common share, basic and diluted		42,704,876			41,883,904
Net loss per share, basic and diluted	$	(1.62	)	$	(1.32	)

The following table sets forth the outstanding potentially dilutive securities that have been excluded from the calculation of diluted net loss per share because their inclusion would be anti-dilutive.


	As of December 31,
	2023		2022
Unvested restricted common stock subject to repurchase		—		3,828
Unvested common stock upon early exercise of stock options		74,421		277,081
Options to purchase common stock		8,276,442		5,890,869
Estimated shares purchasable under the ESPP		27,035		19,481
		8,377,898		6,191,259