Net (Loss) Income Per Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Net Loss Per Share

The following table sets forth the computation of basic and diluted net (loss) income per share for the three and six months ended June 30, 2023 and 2022 (in thousands, except share and per-share data):

	Three Months Ended June 30,					Six Months Ended June 30,
	2023			2022		2023			2022
Numerator:
Net (loss) income	$	(11,387	)	$	8,601	$	(33,050	)	$	37,379
Less: Change in fair value of liability warrants		—			—		—			(13,868	)
Adjusted net (loss) income	$	(11,387	)	$	8,601	$	(33,050	)	$	23,511
Denominator:
Weighted-average common shares outstanding - basic		153,442,413			148,505,729		153,396,380			136,436,316
Dilutive effect of employee equity incentive plans and outstanding warrants		—			—		—			529,996
Weighted-average common shares used in per share calculations - diluted		153,442,413			148,505,729		153,396,380			136,966,312
Net (loss) income per share:
Basic	$	(0.07	)	$	0.06	$	(0.22	)	$	0.27
Diluted	$	(0.07	)	$	0.06	$	(0.22	)	$	0.17

Schedule of Potential Common Shares Issuable Upon Conversion of Warrants

The following table represents the potential dilutive shares of common stock excluded from the computation of the diluted net (loss) income per share for all periods presented, as the effect would have been anti-dilutive:

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Options, RSUs and ESPP shares		22,607,689		16,422,488		22,607,689		16,660,700
Warrants to purchase common stock		31,228,279		31,307,409		31,228,279		20,863,898
Total		53,835,968		47,729,897		53,835,968		37,524,598