Net Loss Per Share Attributable to Common Shareholders
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Net Loss Per Share Attributable to Common Shareholders
14.
Net Loss Per Share Attributable to Common Stockholders
Series Seed Preferred Stock, Series A Preferred Stock, and common stock are participating securities in the calculation of loss per share as they participate in undistributed earnings on an
as-if-converted
basis. Basic and diluted earnings per share was the same for each period presented as the inclusion of all potential common stock outstanding would have been anti-dilutive.
The following table sets forth the computation of basic and diluted loss (in thousands, except for share and per share amounts):
 
    
Year Ended December 31,
 
    
2021
    
2020
 
Net Loss
   $ (40,335 )     $ (6,387 ) 
Less: Cumulative preferred dividends allocated to Series A preferred stockholders
     —          (1,507 ) 
  
 
 
    
 
 
 
Net loss attributable to common stockholders, basic and diluted
     (40,335 )       (7,894 ) 
Weighted-average shares of common stock outstanding
     13,351,866        10,155,122  
Less: weighted-average shares of common stock subject to vesting
     (369,394 )       (205,747 ) 
  
 
 
    
 
 
 
Weighted-average shares of common stock outstanding used in the calculation of basic and diluted net loss per share attributable to shareholders
     12,982,472        9,949,376  
Loss per share attributable to common shareholders, basic and diluted
   $ (3.11 )     $ (0.79 ) 
  
 
 
    
 
 
 
The following potentially dilutive securities have been excluded from the computation of diluted weighted average shares outstanding, as they would be antidilutive:
 
    
For the Year Ended
 
    
2021
    
2020
 
SAFE agreements
     —          1,590,482  
Stock Options
     1,476,475        204,303  
  
 
 
    
 
 
 
     1,476,475        1,794,785