Net Loss per Share (Tables)

6 Months Ended

Jun. 30, 2023

Schedule of Earnings Per Share, Basic and Diluted

Basic and diluted net loss per common share attributable to common stockholders was calculated as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands, except share and per share amounts)	2023		2022		2023		2022
Numerator:
Net loss	$	(42,385)	$	(29,348)	$	(81,782)	$	(53,188)

Cumulative dividend on preferred stock	—		(6,293)		—		(12,517)
Net loss attributable to common stockholders	$	(42,385)	$	(35,641)	$	(81,782)	$	(65,705)
Denominator:
Weighted-average common shares outstanding, basic and diluted	90,467,298		20,227,343		89,769,970		19,871,750
Net loss per share attributable to common stockholders, basic and diluted	$	(0.47)	$	(1.76)	$	(0.91)	$	(3.31)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following common stock equivalents were excluded from the calculation of diluted net loss per share applicable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect:


	As of June 30,
	2023	2022
Anti-dilutive common stock equivalents:
Stock Options to purchase common stock	7,325,808	3,593,533
Unvested restricted common stock	6,140,806	11,995,985
Convertible preferred stock (as converted to common stock)	—	51,923,764
Total anti-dilutive common stock equivalents:	13,466,614	67,513,282