Net Loss Per Share

3 Months Ended

Mar. 31, 2023

Note 9. Net Loss Per Share

Basic and diluted net loss per share is computed by dividing net loss by the weighted-average number of common stock outstanding for the period. For periods in which the Company generated a net loss, the Company does not include the potential impact of dilutive securities in diluted net loss per share, as the impact of these items is anti-dilutive.

The following equity instruments were excluded from the calculation of diluted net loss per share because their effect would have been anti-dilutive for the periods presented:


	March 31,
	2023		2022
Stock options, issued and outstanding		6,949,081		4,592,418
Estimated shares issuable under the employee stock purchase plan		105,062		25,509
Restricted stock, issued and outstanding		247,157		446,698
Total		7,301,300		5,064,625