Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share Attributable to Common Stockholders (Tables)

v3.22.2.2
Net Loss Per Share Attributable to Common Stockholders (Tables)
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Summary of Computation of Basic and Diluted Net Loss Per Share

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
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(24,682

)

 

$

(14,592

)

 

$

(76,453

)

 

$

(51,830

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

58,189,211

 

 

 

58,056,176

 

 

 

58,085,711

 

 

 

27,375,777

 

Less: weighted-average unvested restricted shares and shares subject to repurchase

 

 

(2,983,072

)

 

 

(5,286,260

)

 

 

(3,494,118

)

 

 

(6,707,217

)

Weighted-average shares used to compute basic and diluted net loss per share attributable to common stockholders

 

 

55,206,139

 

 

 

52,769,916

 

 

 

54,591,593

 

 

 

20,668,560

 

Net loss per share attributable to common stockholders — basic and
   diluted:

 

$

(0.45

)

 

$

(0.28

)

 

$

(1.40

)

 

$

(2.51

)

Schedule of Anti-dilutive Outstanding Shares or Equivalents

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Options to purchase common stock

 

 

7,849,590

 

 

 

4,984,240

 

 

 

7,849,590

 

 

 

4,984,240

 

Common stock subject to vesting or repurchase

 

 

3,236,152

 

 

 

5,533,222

 

 

 

3,236,152

 

 

 

5,533,222

 

Employee Stock Purchase Plan shares

 

 

128,888

 

 

 

28,884

 

 

 

128,888

 

 

 

28,884

 

Total

 

 

11,214,630

 

 

 

10,546,346

 

 

 

11,214,630

 

 

 

10,546,346