Net Loss per Share

9 Months Ended

Sep. 30, 2023

11. Net Loss per Share

Basic and diluted net loss per share attributable to common stockholders was calculated as follows (in thousands, except share and per share amounts):


	THREE MONTHS ENDED SEPTEMBER 30,						NINE MONTHS ENDED SEPTEMBER 30,
	2023			2022			2023			2022
Numerator:
Net loss	$	(23,639	)	$	(22,643	)	$	(58,096	)	$	(65,917	)
Denominator:
Weighted-average common shares outstanding, basic and diluted		29,491,125			29,284,151			29,491,125			28,603,020
Net loss per share attributable to common stockholders, basic and diluted	$	(0.80	)	$	(0.77	)	$	(1.97	)	$	(2.30	)

The Company’s potential dilutive securities, which consist of common stock options have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share. Therefore, the weighted-average number of common shares outstanding used to calculate both basic and diluted net loss per share attributable to common stockholders is the same. The Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of

diluted net loss per share attributable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect:


	SEPTEMBER 30,
	2023		2022
Stock options to purchase common stock		7,410,637		6,606,500
		7,410,637		6,606,500

SQZ Biotechnologies Co 10-Q