Post-effective amendment to a registration statement that is not immediately effective upon filing

Net Loss per Share

v3.22.1
Net Loss per Share
12 Months Ended
Dec. 31, 2021
Net Loss per Share  
Net Loss per share

15. 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, 

    

2021

    

2020

Numerator:

  

 

  

Net loss attributable to common stockholders – basic and diluted

$

(10,858)

$

(27,392)

Denominator:

 

 

Weighted average common shares outstanding — basic and diluted

71,662,694

8,932,404

Net loss per share attributable to common stockholders - basic diluted

$

(0.15)

$

(3.07)

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, 

    

2021

    

2020

Options issued and outstanding

20,769,130

18,770,767

Public Warrants to purchase common stock

14,324,994

Convertible preferred stock (as converted to common stock)

80,833,007

Warrants to purchase preferred stock (as converted to warrants to purchase common stock)

1,014,963

Warrants to purchase common stock

922,297

Warrants to purchase common stock (Finback)**

2,269,017

Unvested restricted stock units

1,951,924

Earn-out shares**

15,000,000

Contingently issuable common stock**

1,897,500

Convertible notes (as converted to common stock)*

1,192,469

56,212,565

 

102,733,503

*

Conversion feature is only triggered upon the closing of a Qualified Financing Event.

**

Issuance of Earn-out shares, Contingently issuable common stock and Finback warrants are contingent upon the satisfaction of certain conditions, which were not satisfied by the end of the period.