Net Loss per Share

3 Months Ended

Mar. 31, 2022

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:


	Three months ended March 31,
	2022		2021
Numerator:	(unaudited)
Net loss attributable to common stockholders ($ in thousands)	$	(34,319)	$	(103,627)
Denominator:
Weighted average common shares outstanding - basic and diluted	128,715,031		75,791,557
Net loss per share attributable to common stockholders - basic and diluted	$	(0.27)	$	(1.37)

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 March 31,
	2022	2021
	(unaudited)
Convertible preferred stock	—	—
Outstanding stock options - Stock Plan	1,657,173	4,595,624
Warrants for preferred stock	—	—
Warrants for common stock	7,846,667	7,846,667
Restricted stock units	9,161,160	8,333
Total anti-dilutive securities	18,665,000	12,450,624