v3.24.1.1.u2
Net Loss Per Share
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Net Loss Per Share

11. Net Loss Per Share

The following table sets forth the computation of the Company’s basic and diluted net loss per share.

 

 

 

Three Months Ended

 

 

 

 

March 31,

 

 

 

 

2024

 

 

2023

 

 

 

 

(in thousands, except share and per share amounts)

Numerator:

 

 

 

 

 

 

 

Net loss

 

$

(58,213

)

 

$

(50,050

)

 

Denominator:

 

 

 

 

 

 

 

Shares used in computing net loss per share

 

 

61,457,793

 

 

 

58,723,432

 

 

Net loss per share, basic and diluted

 

$

(0.95

)

 

$

(0.85

)

 

The following common stock equivalents were excluded from the computation of diluted net loss per share for the period ended March 31, 2024 and 2023, because including them would have been antidilutive:

 

 

 

As of March 31,

 

 

 

2024

 

 

2023

 

Common stock options issued and outstanding

 

 

8,749,825

 

 

 

8,336,599

 

Restricted stock units issued and outstanding

 

 

6,222,549

 

 

 

5,354,600

 

Warrants to purchase common stock

 

 

127,616

 

 

 

127,616

 

Shares to be issued under employee stock purchase plan

 

 

33,575

 

 

 

31,381

 

Total

 

 

15,133,565

 

 

 

13,850,196