Net Loss Per Share
9 Months Ended
Sep. 30, 2023
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,
2023202220232022
(in thousands, except share and per share data)
Numerator:
Net loss$(29,273)$(18,608)$(57,960)$(61,647)
Denominator:
Weighted average common shares used for basic and diluted earnings per share26,034,185 24,511,495 25,444,155 24,406,389 
Net loss per share:
Basic and diluted
$(1.12)$(0.76)$(2.28)$(2.53)
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,
20232022
Options to purchase common shares1,565,802 1,620,669 
Shares issuable on vesting of grants of RSUs222,573 146,132 
Warrants to purchase common shares— — 
Total1,788,375 1,766,801