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Loss Per Share
3 Months Ended
Mar. 31, 2024
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 months ended March 31, 2024 and 2023, respectively was as follows:

 

 

Three Months Ended March 31,

 

 

2024

 

 

2023

 

 

(As Restated)

 

 

(As Restated)

 

Net loss

$

(17,399

)

 

$

(10,812

)

 

 

 

 

 

 

Weighted-average common stock outstanding:

 

 

 

 

 

Basic

 

82,854,334

 

 

 

80,681,715

 

Diluted

 

82,854,334

 

 

 

80,681,715

 

 

 

 

 

 

 

Loss per share:

 

 

 

 

 

Basic

$

(0.21

)

 

$

(0.13

)

Diluted

$

(0.21

)

 

$

(0.13

)

 

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 March 31,

 

 

2024

 

 

2023

 

Stock options

 

5,794,718

 

 

 

6,523,783

 

Restricted stock units

 

2,758,656

 

 

 

1,420,135