Net Loss Per Share Attributable to Common Stockholders (Tables)

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Summary of Net Loss Attributable to Common Stockholders

The following table presents the calculation of basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share amounts):

	Three Months Ended September 30,						Nine Months Ended September 30,
	2021			2020			2021			2020
Numerator:
Net loss attributable to common stockholders	$	(34,456	)	$	(1,501	)	$	(47,647	)	$	(4,723	)
Denominator:
Weighted-average common shares used in computed net loss per share attributable to common stockholders basic and diluted		96,681,887			22,016,451			47,421,668			21,925,268
Net loss per share attributable to common stockholders basic and diluted	$	(0.36	)	$	(0.07	)	$	(1.00	)	$	(0.22	)

Summary of Potentially Dilutive Common Stock Equivalents

The following table presents outstanding potentially dilutive common stock equivalents that have been excluded from the computation of diluted net loss per share attributable to common stockholders due to their anti-dilutive effect as of:

	September 30, 2021		September 30, 2020
Old Owlet convertible notes		-		4,467,971
Old Owlet preferred stock		-		61,809,312
Old Owlet common stock warrants		-		942,623
Old Owlet preferred stock warrants		-		889,765
Common stock warrants		18,100,000		-
Total		18,100,000		68,109,671