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Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Schedule of Computation of Diluted Net Loss Per Share Attributable to Common Stockholders

 

 

As of June 30,

 

 

 

2021

 

 

2020

 

Anti-dilutive common stock equivalents:

 

 

 

 

 

 

 

 

Series Seed Preferred Stock

 

 

 

 

 

474,298

 

Series A Preferred Stock

 

 

 

 

 

12,941,857

 

Series B Preferred Stock

 

 

 

 

 

16,431,047

 

Warrant to purchase common stock

 

 

 

 

 

338,784

 

Options to purchase common stock

 

 

6,150,566

 

 

 

1,052,531

 

Total anti-dilutive common stock equivalents

 

 

6,150,566

 

 

 

31,238,517

 

 

Schedule of Basic and Diluted Loss Per Share

16

Basic and diluted loss per share is computed by dividing net loss attributable to common stockholders by the weighted-average common shares outstanding for the three and six months ended June 30, 2021 and 2020 (in thousands, except share and per share data):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(22,580

)

 

$

(10,793

)

 

$

(43,551

)

 

$

(22,705

)

Accrual of preferred stock dividends

 

 

 

 

 

(2,908

)

 

 

 

 

 

(5,019

)

Net loss attributable to common stockholders

 

$

(22,580

)

 

$

(13,701

)

 

$

(43,551

)

 

$

(27,724

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average number of shares used in computed net loss per share − basic and diluted

 

 

43,855,420

 

 

 

1,476,378

 

 

 

43,472,327

 

 

 

1,469,571

 

Net loss per share attributable to common stockholders − basic and diluted

 

$

(0.51

)

 

$

(9.28

)

 

$

(1.00

)

 

$

(18.87

)