Quarterly report pursuant to Section 13 or 15(d)

Net Loss per Share

v3.23.2
Net Loss per Share
6 Months Ended
Jun. 30, 2023
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):
Three Months Ended June 30, Six Months Ended June 30,
2023 2022 2023 2022
Numerator:
Net income (loss) attributable to common stockholders – basic and diluted $ (66,754) $ (25,686) $ —  $ (95,363) $ (39,487)
Denominator:
Weighted average common shares outstanding - basic and diluted 148,882,160  143,552,032  147,664,534  143,220,268 
Net loss per share attributable to common stockholders – basic and diluted $ (0.45) $ (0.18) $ (0.65) $ (0.28)
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:
Three Months Ended
June 30,
Six Months Ended
June 30,
2023 2022 2023 2022
Options issued and outstanding 22,340,997 21,567,577  22,340,997 21,567,577 
Public Warrants to purchase common stock 14,324,893  14,324,994  14,324,893  14,324,994 
Warrants to purchase common stock (Finback)** 1,590,984  2,421,200  1,590,984  2,421,200 
Unvested restricted stock units 12,451,740  7,446,143  12,451,740  7,446,143 
Unvested performance stock units 407,000  914,000  407,000  914,000 
Earn-out shares* 15,000,000  15,000,000  15,000,000  15,000,000 
Contingently issuable common stock* 1,897,500  1,897,500  1,897,500  1,897,500 
68,013,114  63,571,414  68,013,114  63,571,414 
*Issuance of Earn-out shares and Contingently issuable common stock is contingent upon the satisfaction of certain conditions, which were not satisfied by the end of the period
**Includes 175,599 vested warrants and 1,415,385 unvested warrants as of June 30, 2023