v3.24.0.1
Net Loss per Share Attributable to Common Stockholders
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Net Loss per Share Attributable to Common Stockholders

14. Net loss per share attributable to common stockholders

As noted above, for periods in which the Company reports a net loss attributable to common stockholders, potentially dilutive securities have been excluded from the computation of diluted net loss per share as their effects would be anti-dilutive. Therefore, the weighted average number of common shares outstanding used to calculate both basic and diluted net loss per share attributable to common stockholders is the same. The Company excluded the following potential common shares, presented based on amounts outstanding at period end, 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 December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

Unvested restricted stock

 

 

2,927,152

 

 

 

1,692,819

 

 

 

1,126,206

 

Outstanding options to purchase common stock

 

 

8,276,033

 

 

 

7,548,392

 

 

 

6,034,192

 

ESPP

 

 

73,415

 

 

 

45,906

 

 

 

19,379

 

Total

 

 

11,276,600

 

 

 

9,287,117

 

 

 

7,179,777

 

 

The following table summarizes the computation of basic and diluted net loss per share attributable to common stockholders of the Company (in thousands, except share and per share amounts):

 

 

Years Ended December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

Net loss

 

$

(132,527

)

 

$

(289,088

)

 

$

(370,638

)

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding, basic and diluted

 

 

77,151,771

 

 

 

70,015,305

 

 

 

64,227,676

 

Net loss per common share, basic and diluted

 

$

(1.72

)

 

$

(4.13

)

 

$

(5.77

)