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Net Loss Per Share
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share
9.
Net Loss Per Share

Basic net loss per share attributable to common stockholders is computed by dividing net loss by the weighted average number of common shares outstanding during each period. Diluted net loss per share is computed by dividing net loss available to common stockholders by the weighted average number of common shares and dilutive potential common share equivalents then outstanding, to the extent they are dilutive. Potential dilutive shares consist of shares that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. Dilutive net loss per share is the same as basic net loss per share for all periods presented because the effects of potentially dilutive items were anti-dilutive.

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Loss from continuing operations

 

$

(18,246

)

 

 

$

(18,539

)

 

$

(36,231

)

 

$

(75,150

)

Income (loss) from discontinued operations, net of income taxes

 

 

(58

)

 

 

 

(1,595

)

 

 

(114

)

 

 

326

 

Net loss

 

$

(18,304

)

 

 

$

(20,134

)

 

$

(36,345

)

 

$

(74,824

)

Weighted average common shares outstanding, basic and diluted

 

 

62,649,540

 

 

 

 

57,647,883

 

 

 

62,493,559

 

 

 

56,003,274

 

Basic and diluted net loss per share attributable to common stockholders

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

(0.29

)

 

 

$

(0.32

)

 

$

(0.58

)

 

$

(1.34

)

Discontinued operations

 

 

(0.00

)

 

 

 

(0.03

)

 

 

(0.00

)

 

 

(0.00

)

Basic and diluted net loss per share

 

$

(0.29

)

 

 

$

(0.35

)

 

$

(0.58

)

 

$

(1.34

)

 

The Company excluded the following weighted average potentially dilutive securities, outstanding for the three and six months ended June 30, 2022 and 2021, from the computation of diluted net loss per share attributable to common stockholders for the three and six months ended June 30, 2022 and 2021 because they had an anti-dilutive impact due to the net loss attributable to common stockholders incurred for the periods.

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Stock issuable upon conversion of convertible note

 

 

14,634,146

 

 

 

14,634,146

 

 

 

14,634,146

 

 

 

14,634,146

 

Stock options to purchase common stock

 

 

 

 

 

1,579,957

 

 

 

2,503

 

 

 

1,625,075

 

Unvested RSUs

 

 

3,979,268

 

 

 

2,203,743

 

 

 

3,199,202

 

 

 

1,884,130

 

 

 

 

18,613,414

 

 

 

18,417,846

 

 

 

17,835,851

 

 

 

18,143,351