Net Loss Per Share
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Net Loss Per Share Net Loss Per Share
The following table summarizes the computation of basic and diluted net loss per share for the periods presented:
Three Months Ended September 30,Nine Months Ended September 30,
2022202120222021
(in thousands, except share and per share data)
Numerator:
Net loss$(18,608)$(14,678)$(61,647)$(26,948)
Denominator:
Weighted average common shares used for basic and diluted earnings per share24,511,495 24,091,546 24,406,389 23,885,412 
Net loss per share:
Basic and diluted
$(0.76)$(0.61)$(2.53)$(1.13)
Basic net loss per share is computed by dividing the net loss by the weighted-average number of shares outstanding for the period. Diluted net loss per share is computed by dividing the net loss by the weighted-
average number of shares and dilutive share equivalents outstanding for the period, determined using the treasury-share method and the as-if converted method, for convertible securities, if inclusion of these is dilutive.
If the Company reports a net loss, diluted net loss per share is the same as basic net loss per share for those periods because including the dilutive securities would be anti-dilutive.
The following potentially dilutive securities outstanding at the end of the periods presented have been excluded from the computation of diluted shares:
Nine Months Ended September 30,
20222021
Options to purchase common shares1,620,669 1,855,161 
Shares issuable on vesting of grants of RSUs146,132 38,059 
Warrants to purchase common shares— 5,000 
Total1,766,801 1,898,220