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Net (Loss) Income Per Share
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share

NOTE 9. NET (LOSS) INCOME PER SHARE

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders for the periods presented:

 

 

Three Months Ended March 31,

 

 

 

2023

 

 

2022

 

(in thousands, except share and per share data)

 

unaudited

 

 

unaudited

 

Net loss

 

$

(8,758

)

 

$

(20,360

)

Weighted-average shares used to compute net loss per share:

 

 

 

 

 

 

Basic and Diluted

 

 

161,797,781

 

 

 

154,083,443

 

Net loss per share:

 

 

 

 

 

 

Basic and Diluted

 

$

(0.05

)

 

$

(0.13

)

For the three months ended March 31, 2023, the following were excluded from the calculation of diluted net loss per share since each would have had an anti-dilutive effect given the Company's net loss: 14,746,915 stock options, 11,549,261 restricted stock units, 12,780,000 Private Placement Warrants and 21,350,000 Public Warrants to purchase the Company’s common stock.

For the three months ended March 31, 2022, the following were excluded from the calculation of diluted income per share since each would have had an anti-dilutive effect given the Company's net loss: 18,455,605 stock options, 5,450,924 restricted stock units, 12,780,000 Private Placement Warrants and 21,350,000 Public Warrants to purchase the Company’s common stock.