Net Loss per Share

12 Months Ended

Dec. 31, 2021

Net loss per share calculations and potentially dilutive security amounts for all periods prior to the Merger have been retrospectively adjusted to the equivalent number of shares outstanding immediately after the Merger to effect the reverse recapitalization. Historically, reported weighted average shares outstanding have been multiplied by 1.01547844, which is the share exchange ratio established by the Merger Agreement.

The following table sets forth the computation of basic and diluted net loss per share attributable to the Company's common stockholders:


	Years ended December 31,
	2021		2020
Numerator:
Net loss attributable to common stockholders ($ in thousands)	$	(216,459)	$	(120,097)
Denominator:
Weighted average common shares outstanding - basic and diluted	114,609,563		8,890,631
Net loss per share attributable to common stockholders - basic and diluted	$	(1.89)	$	(13.51)

As the Company has reported net loss for each of the periods presented, all potentially dilutive securities are antidilutive. The following potential outstanding shares of Common Stock were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented because including them would have been antidilutive:


	As of December 31,
	2021	2020

Convertible preferred stock	—	68,776,614
Outstanding stock options - Stock Plan	2,374,504	5,931,024
Warrants for preferred stock	—	9,574,556
Warrants for common stock	7,846,666	—
Restricted stock units	11,357,714	—
Total anti-dilutive securities	21,578,884	84,282,194