v3.22.2.2
Net Loss Per Share (Tables)
9 Months Ended
Aug. 31, 2022
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Loss per Share Attributable to Common Stockholders

The following table sets forth the computation of the Company’s 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 data):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

August 31,

 

 

August 31,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(45,709

)

 

$

(28,835

)

 

$

(133,643

)

 

$

(79,492

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average number of shares outstanding, basic and diluted(1)

 

 

50,868,542

 

 

 

44,374,389

 

 

 

46,835,776

 

 

 

42,344,420

 

Net loss per share, basic and diluted

 

$

(0.90

)

 

$

(0.65

)

 

$

(2.85

)

 

$

(1.88

)

(1)

The shares underlying the pre-funded warrants to purchase an aggregate of 6,814,920 shares of the Company’s common stock have been included in the calculation of the weighted-average number of shares outstanding, basic and diluted, for the three and nine months ended August 31, 2022.

Schedule of Antidilutive Securities Excluded from Computation of Diluted Net Loss per Share of Common Stock

The following potentially dilutive securities were excluded from the computation of the diluted net loss per share of common stock for the periods presented because their effect would have been anti-dilutive:

 

 

 

August 31,

 

 

 

2022

 

 

2021

 

Options to purchase common stock

 

 

8,115,201

 

 

 

5,593,412

 

Options early exercised subject to vesting

 

 

27,424

 

 

 

76,175

 

Shares expected to be purchased under employee stock purchase plan

 

 

123,194

 

 

 

43,274

 

Restricted stock

 

 

753,518

 

 

 

20,000

 

Total

 

 

9,019,337

 

 

 

5,732,861