XML 34 R24.htm IDEA: XBRL DOCUMENT v3.22.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2022
Accounting Policies [Abstract]  
Schedule of Basic and Diluted Net Income (Loss) Per Share A reconciliation of the numerators and denominators of the basic and diluted net income (loss) per share calculations are as follows:

 

 

 

Three months ended June 30,

 

 

For the six months ended June 30,

 

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

47,826

 

 

$

(64,477

)

 

$

(15,041

)

 

$

(146,016

)

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, basic

 

 

140,152,245

 

 

 

23,992,184

 

 

 

135,302,472

 

 

 

23,991,129

 

 

Weighted average dilutive stock options

 

 

11,089,847

 

 

 

-

 

 

 

-

 

 

 

-

 

 

Weighted average restricted stock units

 

 

69,688

 

 

 

-

 

 

 

-

 

 

 

-

 

 

Weighted average dilutive warrants

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

Weighted average shares outstanding, diluted

 

 

151,311,780

 

 

 

23,992,184

 

 

 

135,302,472

 

 

 

23,991,129

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss), basic

 

$

0.34

 

 

$

(2.69

)

 

$

(0.11

)

 

$

(6.09

)

 

Net income (loss), diluted

 

 

0.32

 

 

 

(2.69

)

 

 

(0.11

)

 

 

(6.09

)

 

 

Schedule of Antidilutive Securities Excluded from Computation of Diluted Weighted-average Shares of Common Stock Outstanding

The following potentially dilutive securities have been excluded from the computation of diluted weighted-average shares of common stock outstanding, prior to the use of the two-class method, as they would be anti-dilutive:

 

 

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Redeemable convertible preferred stock

 

 

-

 

 

 

107,525,553

 

 

 

-

 

 

 

107,525,553

 

Stock options

 

 

9,490,717

 

 

 

28,873,482

 

 

 

25,648,358

 

 

 

28,873,482

 

Restricted stock units

 

 

1,597,502

 

 

 

-

 

 

 

2,148,776

 

 

 

-

 

Warrants

 

 

33,458,560

 

 

 

25,775,905

 

 

 

33,458,560

 

 

 

25,775,905

 

 

 

 

44,546,779

 

 

 

162,174,940

 

 

 

61,255,694

 

 

 

162,174,940