Annual report pursuant to Section 13 and 15(d)

Net Loss Per Share

v3.22.1
Net Loss Per Share
 12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Net Loss Per Share Net Loss Per ShareThe following tables present the calculation of basic and diluted net loss per share for the years ended December 31, 2021, 2020 and 2019 (in thousands, except share and per share amounts):
Year Ended December 31,
2021 2020 2019
Numerator:
Net loss $ (51,690) $ (40,421) $ (32,060)
Less: cumulative dividends on redeemable convertible preferred stock (1,961) (2,124) (1,968)
Net loss attributable to common stock holders - basic and diluted $ (53,651) $ (42,545) $ (34,028)
Denominator:
Weighted-average common shares outstanding - basic and diluted 20,636,583  11,355,385  10,324,621 
Net loss per share
Net loss per share, basic and diluted $ (2.60) $ (3.75) $ (3.30)
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:
Year Ended December 31,
2021 2020 2019
Options to purchase common stock 7,574,136  9,868,915  7,536,292 
Redeemable convertible preferred stock —  43,836,109  43,836,109 
Warrants —  107,000  107,000 
Number of shares issuable from ESPP 169,025  —  — 
Restricted stock units 171,075  —  — 
7,914,236  53,812,024  51,479,401