Basic and Diluted Net Loss Per Share (Tables)

12 Months Ended

Dec. 31, 2022

Basic and Diluted Net Loss Per Share

Schedule of earnings per share, basic and diluted

	Year Ended December 31,
	2022		2021		2020
Numerator:
Net loss used to compute net loss per share:	$	(156,559)	$	(106,606)	$	(54,032)
Induced conversion of preferred stock		—		—		(17,284)
Basic		(156,559)		(106,606)	$	(71,316)
Adjustment for change in fair value of warrant liability		—		—		(2,427)
Diluted	$	(156,559)	$	(106,606)	$	(73,743)
Denominator:
Weighted average shares outstanding used to compute loss per share:
Basic		97,351,241		93,884,566		36,344,234
Dilutive effect of warrants		—		—		29,981
Diluted		97,351,241		93,884,566		36,374,215
Loss per share - basic	$	(1.61)	$	(1.14)	$	(1.96)
Loss per share - diluted	$	(1.61)	$	(1.14)	$	(2.03)

Schedule of antidilutive securities excluded from computation of earnings per share

	Year Ended December 31,
	2022	2021	2020
Stock options	3,862,918	4,822,992	6,414,611
Restricted stock units and awards	5,309,241	2,712,762	2,581,902
Performance restricted stock units	920,924	—	—
Public and private warrants	1,795,700	1,795,700	8,625,000
Earnout shares	2,050,000	2,050,000	6,150,000
Convertible debt(1)	16,998,130	16,998,130	—
Contingently issuable shares in connection with acquisitions(2)	10,631,558	1,192,989	—

(1) In connection with the September 16, 2021 issuance of the 2026 Notes, the Company used a portion of the proceeds to pay for the capped call transactions, which are expected to generally reduce the potential dilution to the Company’s common stock. The capped call transactions impact the number of shares that may be issued by effectively increasing the conversion price for the Company from $25 per share to approximately $37.74 per share, which would result in 11,261,261 potentially dilutive shares instead of the shares reported in this table as of December 31, 2022.

(2) In connection with the acquisitions of Floify and HOA described in Note 12, the Company provided an obligation to issue certain amount of common stock to the extent specified market conditions are met in the future. Contingently issuable shares are calculated in accordance with the purchase agreement, assuming they would be issuable if the end of the reporting periods were the end of the contingency period.