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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
Summary of Product Revenue by Geographical Locations of Customers

Product revenue by geographical locations of customers during the years ended December 31, 2022, 2021 and 2020, was as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

Product revenue:

 

 

 

 

 

 

 

 

 

North America

 

$

103,978

 

 

$

68,968

 

 

$

32,380

 

Europe, Middle East and Africa

 

 

56,297

 

 

 

60,124

 

 

 

57,427

 

Other

 

 

1,773

 

 

 

1,767

 

 

 

2,113

 

Total product revenue

 

$

162,048

 

 

$

130,859

 

 

$

91,920

 

Computation of Basic and Diluted Net Loss per Share

The following table sets forth the reconciliation of the numerator and denominator used in the computation of basic and diluted net loss per share for the years ended December 31, 2022, 2021 and 2020 (in thousands, except per share amounts):

 

 

 

Year Ended December 31,

 

 

 

 

2022

 

 

2021

 

 

2020

 

 

Numerator for Basic and Diluted:

 

 

 

 

 

 

 

 

 

 

Net loss attributable to Cerus Corporation

 

$

(42,779

)

 

$

(54,374

)

 

$

(59,857

)

 

Denominator:

 

 

 

 

 

 

 

 

 

 

Basic weighted average number of shares outstanding

 

 

176,545

 

 

 

171,279

 

 

 

163,949

 

 

Effect of dilutive potential shares

 

 

 

 

 

 

 

 

 

 

Diluted weighted average number of shares outstanding

 

 

176,545

 

 

 

171,279

 

 

 

163,949

 

 

Net loss per share attributable to Cerus Corporation:

 

 

 

 

 

 

 

 

 

 

Basic and diluted

 

$

(0.24

)

 

$

(0.32

)

 

$

(0.37

)

 

 

 

 

 

 

 

 

 

 

 

 

Anti-Dilutive Effect of Common Shares

The table below presents potential shares that were excluded from the calculation of the weighted average number of shares outstanding used for the calculation of diluted net loss per share. These are excluded from the calculation due to their anti-dilutive effect for the years ended December 31, 2022, 2021 and 2020 (shares in thousands):

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

Weighted average number of anti-dilutive potential shares:

 

 

 

 

 

 

 

 

 

Stock options

 

 

16,072

 

 

 

16,345

 

 

 

17,692

 

Restricted stock units

 

 

7,966

 

 

 

6,798

 

 

 

5,485

 

Employee stock purchase plan rights

 

 

252

 

 

 

153

 

 

 

32

 

Total

 

 

24,290

 

 

 

23,296

 

 

 

23,209