Basic and Diluted Net Income (Loss) Per Share (Tables)

3 Months Ended

Mar. 31, 2022

Summary of basic and diluted loss per ordinary share

The following table sets forth the computation of basic and diluted net income (loss) per share:


(In thousands, except for share and per share amounts)	Three Months Ended March 31,
	2022		2021
Numerator:
Net income (loss) attributable to common stockholders—Basic	$	7,346	$	(53,571)

Net income (loss) attributable to common stockholders—Diluted	$	7,346	$	(53,571)
Denominator:
Weighted-average common shares outstanding—Basic (1)	136,825,016		62,652,947
Stock options	4,880,252		—
RSU	27,135		—
Weighted-average common shares outstanding—Diluted (1)	141,732,403		62,652,947
Net income (loss per share)—Basic	$	0.05	$	(0.86)
Net income (loss per share)—Diluted	$	0.05	$	(0.86)

(1)Excludes weighted-average Sponsor Vesting Shares subject to return of 4,500,000 shares as of the three months ended March 31, 2022.

Summary of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net income (loss) per share attributable to common stockholders for the periods presented because including them would have been antidilutive:


	Three Months Ended March 31,
	2022	2021
Options to purchase common stock	—	8,104,740
Warrants to purchase common stock	35,476,627	—
Warrants to purchase redeemable convertible preferred stock, as-converted	—	5,554,470
Redeemable convertible preferred stock which is convertible into common stock	—	42,091,575
RSU awards	763,778	—