| 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
June 30, |
|
|
Six Months Ended
June 30, |
|
|
|
2023 |
|
|
2022 |
|
|
2023 |
|
|
2022 |
|
Numerator: |
|
|
|
|
|
|
|
|
|
|
|
|
Net loss |
|
$ |
(55,314 |
) |
|
$ |
(25,936 |
) |
|
$ |
(79,248 |
) |
|
$ |
(51,771 |
) |
Denominator: |
|
|
|
|
|
|
|
|
|
|
|
|
Weighted-average common shares outstanding |
|
|
58,051,253 |
|
|
|
58,056,643 |
|
|
|
58,110,011 |
|
|
|
58,033,859 |
|
Less: weighted-average unvested restricted shares and shares subject to repurchase |
|
|
(1,305,906 |
) |
|
|
(3,483,777 |
) |
|
|
(1,610,851 |
) |
|
|
(3,749,023 |
) |
Weighted-average shares used to compute basic and diluted net loss per share attributable to common stockholders |
|
|
56,745,347 |
|
|
|
54,572,866 |
|
|
|
56,499,160 |
|
|
|
54,284,836 |
|
Net loss per share attributable to common stockholders — basic and diluted: |
|
$ |
(0.97 |
) |
|
$ |
(0.48 |
) |
|
$ |
(1.40 |
) |
|
$ |
(0.95 |
) |
Anti-dilutive Outstanding Shares or Equivalents
The following outstanding options, unvested shares, and ESPP shares were excluded (as common stock equivalents) from the computation of diluted net loss per common share for the periods presented as their effect would have been anti-dilutive (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
June 30, |
|
|
Six Months Ended
June 30, |
|
|
|
2023 |
|
|
2022 |
|
|
2023 |
|
|
2022 |
|
Options to purchase common stock |
|
|
9,005,490 |
|
|
|
7,661,716 |
|
|
|
9,005,490 |
|
|
|
7,661,716 |
|
Common stock subject to vesting or repurchase |
|
|
1,519,027 |
|
|
|
3,774,117 |
|
|
|
1,519,027 |
|
|
|
3,774,117 |
|
Employee Stock Purchase Plan shares |
|
|
60,248 |
|
|
|
142,525 |
|
|
|
60,248 |
|
|
|
142,525 |
|
Total |
|
|
10,584,765 |
|
|
|
11,578,358 |
|
|
|
10,584,765 |
|
|
|
11,578,358 |
|
|