v3.24.1.u1
Basic and Diluted Net Income (Loss) Per Share (Tables)
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss per Share

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

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2024

 

 

2023

 

Net loss, basic and diluted

 

$

(25,409

)

 

$

(35,029

)

Weighted average shares used to compute
   basic and diluted net loss per share

 

 

36,467,371

 

 

 

35,584,685

 

Net loss per share, basic and diluted

 

$

(0.70

)

 

$

(0.98

)

Computation of Potentially Dilutive Securities Outstanding Excluded from Computation of Diluted Shares

The following potentially dilutive securities outstanding at the end of the periods presented have been excluded from the computation of diluted shares outstanding, as the effect would be anti-dilutive:

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2024

 

 

2023

 

Unreleased restricted stock and performance stock units

 

 

4,861,788

 

 

 

2,403,168

 

Options to purchase common stock

 

 

386,382

 

 

 

606,785

 

Convertible senior notes

 

 

362,267

 

 

 

1,807,141

 

Warrants related to the issuance of convertible senior notes

 

 

1,807,141

 

 

 

1,807,141

 

Warrants related to term debt

 

 

2,587,742

 

 

 

—

 

Total

 

 

10,005,320

 

 

 

6,624,235