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Net Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Schedule of Computation Basic and Diluted Net Income (Loss) Per Share

The following table presents the computation of basic and diluted net loss per share attributable to common stockholders, as a group, for the periods presented:

 

 

 

Three Months Ended March 31,

 

 

 

2023

 

 

2022

 

 

 

 

 

 

 

 

Net loss

 

$

(5,397

)

 

$

(19,376

)

 

 

 

 

 

 

Weighted average shares outstanding

 

 

38,705

 

 

 

37,525

 

 

 

 

 

 

 

 

Basic net loss per share

 

$

(0.14

)

 

$

(0.52

)

Diluted net loss per share

 

$

(0.14

)

 

$

(0.52

)

 

 

 

 

 

 

 

Following are the calculations of basic and diluted net loss per share for each class of common stock (refer to the tables above for the impact of common stock equivalents on common shares for the periods presented):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 2022

 

 

Common

 

 

Class 1

 

 

Class 2

 

 

Class 3

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

$

(12,013

)

 

$

(2,748

)

 

$

(4,030

)

 

$

(585

)

Weighted average shares outstanding

 

35,206

 

 

 

3,543

 

 

 

5,196

 

 

 

754

 

Common stock and common stock equivalents

 

35,206

 

 

 

3,543

 

 

 

5,196

 

 

 

754

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net loss per share

$

(0.34

)

 

$

(0.78

)

 

$

(0.78

)

 

$

(0.78

)

Diluted net loss per share

$

(0.34

)

 

$

(0.78

)

 

$

(0.78

)

 

$

(0.78

)

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of Antidilutive Shares

The following shares of common stock subject to certain instruments were excluded from the computation of diluted net income per share attributable to common stockholders for the periods presented as their effect would have been antidilutive (with figures recast using the conversion ratio for the Business Combination, as applicable):

 

 

 

Three Months Ended March 31,

 

 

 

2023

 

 

2022

 

 

 

 

 

 

 

 

Shares subject to warrants

 

 

10,451

 

 

 

10,451

 

Shares subject to convertible promissory notes

 

 

2,480

 

 

 

2,400

 

Shares subject to forward purchase agreements

 

 

 

 

 

3,861

 

Escrow Shares

 

 

1,625

 

 

 

1,625

 

Shares subject to outstanding common stock options, RSUs and PSUs

 

 

4,853

 

 

 

3,681

 

Shares subject to stockholder earn-out rights

 

 

5,429

 

 

 

5,429

 

 

 

24,838

 

 

 

27,447