Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share of Common Stock

v3.22.2.2
Net Loss Per Share of Common Stock
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Net Loss Per Share of Common Stock
6. Net Loss Per Share of Common Stock
Diluted net loss per share is the same as basic net loss per share for all periods presented because the effects of potentially dilutive items were anti-dilutive. Basic net loss per share is computed by dividing net loss by the weighted-average number of shares of common stock outstanding.
The following table sets forth the computation of basic and diluted net loss per share for common stockholders (in thousands, except share and per share data):
 
    
Three Months Ended September 30,
    
Nine Months Ended September 30,
 
    
2022
    
2021
    
2022
   
2021
 
Net loss
   $ (17,067    $ (5,292    $ (55,313   $ (15,883
Weighted average shares of common stock outstanding
     39,332,721        39,332,721        39,332,721       35,914,327  
    
 
 
    
 
 
    
 
 
   
 
 
 
Net loss per share of common stock – basic and diluted
   $ (0.43    $ (0.13    $ (1.41   $ (0.44
    
 
 
    
 
 
    
 
 
   
 
 
 
The following potentially dilutive securities outstanding at September 30, 2022 and 2021 have been excluded from the computation of diluted weighted average shares outstanding, as they would have been anti-dilutive:
 
    
September 30,
 
    
2022
    
2021
 
Options to purchase common stock
     4,515,422        2,950,551  
Warrants to purchase common stock
     9,325,521        10,926,733  
    
 
 
    
 
 
 
Total
     13,840,943        13,877,284