Net Income (Loss) Per Share

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Net Income (Loss) Per Share

Note 12.  Net Income (Loss) Per Share

Basic net income (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares outstanding for the period. Diluted net loss per share is computed by dividing net income (loss), as adjusted for changes in fair value recognized in earnings from equity contracts classified as liabilities, by the weighted average number of common shares outstanding and, when dilutive, common share equivalents from outstanding stock options and restricted stock units (using the treasury-stock method). The weighted-average number of common shares used in the computation of basic and diluted net income per share were as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands, except share and per share amounts)	2022		2021		2022		2021
Numerator:
Net loss attributable to common stockholders - basic	$	(24,328)	$	(10,625)	$	(42,346)	$	(21,006)
Denominator:
Weighted average shares of common stock outstanding - basic and diluted		311,680,656		60,861,409		280,859,250		60,808,744
Net loss per share attributable to common stockholders - basic and diluted	$	(0.08)	$	(0.17)	$	(0.15)	$	(0.35)

The number of common stock equivalents excluded from the computation of diluted net loss per share because either the effect would have been anti-dilutive, or the performance criteria related to such shares and awards had not been met, were as follows:

	As of September 30,
	2022		2021
Escrowed Earn-Out Shares		27,690,978		—
Options to purchase common stock		18,724,863		21,935,887
Public Warrants		9,199,947		—
Sponsor Earn-Out Shares		5,520,000		—
Private Warrants		5,013,333		—
Unvested RSUs		2,755,058		—
Unvested PSUs		2,116,942		—
Earn-Out Restricted Shares		1,952,336		—
Unvested RSAs		1,505,944		—
Redeemable convertible preferred stock		—		213,961,063
Total		74,479,401		235,896,950