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Loss Per Share
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Loss Per Share

NOTE 8. LOSS PER SHARE

Basic net loss per share is computed by dividing net loss attributable to common stockholders (the numerator) by the weighted average number of common stock outstanding for the period (the denominator). Diluted net income per share of common stock attributable to common stockholders is computed by dividing net income by the weighted average number of shares of common stock outstanding during the period adjusted for the dilutive effects of common stock equivalents using the treasury stock method or the method based on the nature of such securities. In periods when losses from operations are reported, the weighted-average number of shares of common stock outstanding excludes common stock equivalents because their inclusion would be anti-dilutive. The computation of net loss per share for the three and six months ended June 30, 2023 and 2022, respectively was as follows:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Net loss

$

(10,898

)

 

$

(9,603

)

 

$

(19,950

)

 

$

(18,839

)

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common stock outstanding:

 

 

 

 

 

 

 

 

 

 

 

Basic

 

82,373,441

 

 

 

76,481,709

 

 

 

81,536,607

 

 

 

76,465,082

 

Diluted

 

82,373,441

 

 

 

76,481,709

 

 

 

81,536,607

 

 

 

76,465,082

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss per share:

 

 

 

 

 

 

 

 

 

 

 

Basic

$

(0.13

)

 

$

(0.13

)

 

$

(0.24

)

 

$

(0.25

)

Diluted

$

(0.13

)

 

$

(0.13

)

 

$

(0.24

)

 

$

(0.25

)

The following outstanding potentially dilutive securities were excluded from the calculation of diluted net loss per share attributable to common stockholders because their impact would have been antidilutive for the period presented:

 

As of June 30,

 

 

2023

 

 

2022

 

Stock options

 

6,154,824

 

 

 

7,925,752

 

Restricted stock units

 

1,339,989

 

 

 

137,178