Net Loss Per Share

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Net Loss Per Share

10. Net Loss Per Share

The following table sets forth the computation of the basic and diluted net loss per share attributable to common stockholders for the three and six months ended June 30, 2022 and 2021:

	For the three months ended June 30,						For the six months ended June 30,
(In thousands, except share and per share data)	2022			2021			2022			2021
Numerator:
Net loss	$	(23,118	)	$	(5,263	)	$	(42,320	)	$	(10,461	)
Denominator:
Weighted average shares outstanding, basic and diluted		146,278,898			104,063,972			142,116,194			104,061,824
Basic and diluted net loss per share	$	(0.16	)	$	(0.05	)	$	(0.30	)	$	(0.10	)
Anti-dilutive securities, excluded		69,516,163			15,285,032			69,516,163			15,285,032

The Company has presented the unaudited basic and diluted net loss per share for the three and six months ended June 30, 2021, which has been adjusted to give effect to the conversion of the Old Sarcos Class B common stock and all convertible preferred stock into Old Sarcos Class A common stock as though the conversion had occurred as of the beginning of the period or the original date of issuance, if later.

As the Company incurred a net loss for the three and six months ended June 30, 2022 and 2021, none of the outstanding dilutive share-based awards were included in the diluted share calculation as they would have been anti-dilutive.