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Net Loss per Share (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Summary of Reconciliation of Denominator Used in Calculation of Basic and Diluted Net Loss Per Share

A reconciliation of the denominator used in the calculation of basic and diluted net loss per share is as follows:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Net loss

$

(56,361

)

 

$

(24,572

)

 

$

(65,702

)

 

$

(47,731

)

Weighted-average common shares outstanding — basic

 

47,815

 

 

 

46,777

 

 

 

47,697

 

 

 

46,603

 

Dilutive effect of share equivalents resulting from stock
   options, RSUs, ESPP, Warrants and the Conversion
   Options

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares, outstanding — diluted

 

47,815

 

 

 

46,777

 

 

 

47,697

 

 

 

46,603

 

Net loss per share, basic and diluted

$

(1.18

)

 

$

(0.53

)

 

$

(1.38

)

 

$

(1.02

)

 

Schedule of Potentially Dilutive Common Stock Equivalents

The following table contains all potentially dilutive common stock equivalents.

 

 

 

As of June 30,

 

 

 

2022

 

 

2021

 

 

 

(in thousands)

 

Options to purchase common shares

 

 

538

 

 

 

749

 

RSUs

 

 

1,477

 

 

 

1,462

 

Conversion Option of the 2022 Notes and Warrants

 

 

1,049

 

 

 

1,830

 

Conversion Option of the 2025 Notes

 

 

1,625

 

 

 

664

 

ESPP

 

 

11

 

 

 

8