Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share

v3.21.2
Net Loss Per Share
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Net Loss Per Share Net Loss Per Share
The following tables present the calculation of basic and diluted net loss per share for the three months and nine months ended September 30, 2021 and 2020 (in thousands, except share and per share amounts):
Three Months Ended September 30, Nine Months Ended September 30,
2021 2020 2021 2020
Numerator:
Net loss $ (14,220) $ (10,404) $ (37,622) $ (31,035)
Less: cumulative dividends on redeemable convertible preferred stock (585) (538) (1,691) (1,564)
Net loss attributable to common stock holders - basic and diluted $ (14,805) $ (10,942) $ (39,313) $ (32,599)
Denominator:
Weighted-average common shares outstanding - basic and diluted 14,317,575  11,521,625  13,250,767  11,214,369 
Net loss per share
Net loss per share, basic and diluted $ (1.03) $ (0.95) $ (2.97) $ (2.91)
The following outstanding potential common shares were excluded from the computation of diluted net loss per share attributable to common stockholders as of the end of the periods presented because their inclusion would have been antidilutive:
September 30,
2021 2020
Options to purchase common stock 8,513,298  7,333,974 
Redeemable convertible preferred stock 43,836,109  43,836,109 
Warrants 107,000  107,000 
52,456,407  51,277,083