Net Loss Per Share of Class A Common Stock

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Net (Loss)/Income Per Share of Class A Common Stock

13. Net Loss Per Share of Class A Common Stock

The following table includes the calculation of basic and diluted net (loss) income per share:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
	(in thousands except per share information)
Loss from continuing operations	$	(13,755)	$	(46,897)	$	(60,021)	$	(250,016)
Gain (loss) from discontinued operations	707		—		707		(1,022)
Net loss available to common stockholders	$	(13,048)	$	(46,897)	$	(59,314)	$	(251,038)
Basic and diluted net loss per share - continuing operations	$	(0.12)	$	(0.67)	$	(0.51)	$	(4.29)
Basic and diluted net gain (loss) per share - discontinued operations	0.01		—		0.01		(0.02)
Basic and diluted net loss per share	$	(0.11)	$	(0.67)	$	(0.50)	$	(4.31)
Shares used in the computation of basic and diluted net loss per share	118,582		69,975		117,403		58,297

The potentially dilutive securities listed below were not included in the calculation of diluted weighted average common shares outstanding, as their effect would have been anti-dilutive during the three and nine months ended September 30, 2022 and 2021.

	Three and nine months ended September 30,
	2022	2021
	(in thousands)
Restricted class A common stock	79	420
Common Stock warrants	1,770	1,770
Stock options	8,083	2,344
Restricted stock units	8,268	9,158
Public Warrants (exercisable for class A common stock) treated as liability	15,813	15,813
Private Placement Warrants (exercisable for class A common stock) treated as liability	8,325	8,325
Sponsor Shares	2,372	2,372