Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share Attributable to Common Stockholders

v3.22.1
Net Loss Per Share Attributable to Common Stockholders
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Net Loss Per Share Attributable to Common Stockholders

12. Net Loss Per Share Attributable to Common Stockholders

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders, which excludes shares which are legally outstanding, but subject to repurchase by the Company (in thousands, except share and per share amounts):

 

 

 

Three Months Ended

March 31,

 

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

Net loss

 

$

(25,835

)

 

$

(19,709

)

Denominator:

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

58,010,823

 

 

 

11,072,344

 

Less: weighted-average unvested restricted shares and shares subject

   to repurchase

 

 

(4,005,524

)

 

 

(7,647,255

)

Weighted-average shares used to compute basic and diluted

   net loss per share attributable to common stockholders

 

 

54,005,299

 

 

 

3,425,089

 

Net loss per share attributable to common stockholders — basic and

   diluted:

 

$

(0.48

)

 

$

(5.75

)

 

 

Anti-dilutive Outstanding Shares or Equivalents

 

 

 

Three Months Ended

March 31,

 

 

 

2022

 

 

2021

 

Redeemable convertible preferred stock

 

 

 

 

 

30,761,676

 

Options to purchase common stock

 

 

6,994,758

 

 

 

2,277,296

 

Common stock subject to vesting or repurchase

 

 

4,295,744

 

 

 

6,002,187

 

Employee Stock Purchase Plan shares

 

 

97,621

 

 

 

 

Total

 

 

11,388,123

 

 

 

39,041,159