10.Net Loss Per Common Share Net Loss Per Common Share Basic and diluted net loss per common share was calculated as follows (in thousands, except share and per share amounts):
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Years Ended December 31, |
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2024 |
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2023 |
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Numerator: |
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Net loss |
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$ |
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(129,474 |
) |
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$ |
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(96,655 |
) |
Denominator: |
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Weighted average shares used to compute net loss per share, basic and diluted* |
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58,743,522 |
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45,247,098 |
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Net loss per share, basic and diluted |
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$ |
|
(2.20 |
) |
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$ |
|
(2.14 |
) |
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* reflects the weighted average effect of the pre-funded warrants issued on December 4, 2024 for basic and diluted net loss per share. |
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The potentially dilutive shares that were excluded from the calculation of diluted net loss per share because their effect would have been anti-dilutive for the periods presented are as follows:
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Years Ended December 31, |
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2024 |
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2023 |
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Options to purchase common stock |
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11,353,057 |
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|
|
8,670,742 |
|
Unvested performance-based restricted stock units |
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— |
|
|
|
403,000 |
|
Unvested restricted common stock |
|
|
— |
|
|
|
80,703 |
|
Employee stock purchase plan contingently issuable |
|
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— |
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|
|
13,988 |
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|
|
|
11,353,057 |
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|
|
9,168,433 |
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