Annual report pursuant to Section 13 and 15(d)

Net Loss per Share

v3.23.1
Net Loss per Share
 12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Net Loss per share 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):
Year Ended December 31,
2022 2021
Numerator:    
Net income (loss) attributable to common stockholders – basic and diluted $ (86,406) $ (10,888)
   
Denominator:    
Weighted average common shares outstanding - basic and diluted 143,858,668 71,662,694
Net loss per share attributable to common stockholders – basic and diluted $ (0.60) $ (0.15)
The following potentially dilutive outstanding securities were excluded from the computation of diluted net loss per share attributable to common stockholders because their effect would have been anti-dilutive or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the period:
Year Ended December 31,
2022 2021
Options issued and outstanding 20,396,824  20,769,130 
Public Warrants to purchase common stock 14,324,994  14,324,994 
Warrants to purchase common stock (Finback)** 2,421,200  2,421,200 
Unvested restricted stock units 7,501,945  1,951,924 
Unvested performance stock units 864,000  — 
Earn-out shares* 15,000,000  15,000,000 
Contingently issuable common stock* 1,897,500  1,897,500 
62,406,463  56,364,748 
*Issuance of Earn-out shares and Contingently issuable common stock are contingent upon the satisfaction of certain conditions, which were not satisfied by the end of the period
**Includes 830,216 vested warrants and 1,590,984 unvested warrants as of December 31, 2022.