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Net (Loss) Income Per Share Attributable to Common Stock (Tables)
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Income Per Share Attributable to Common Stock

The following table sets forth the computation of basic and diluted net (loss) income per share attributable to common stock (in thousands except share and per share data):

 

 

Year Ended December 31,

 

 

2022

 

 

2021

 

 

2020

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(513

)

 

$

9,300

 

 

$

13,711

 

 

Undeclared dividends on Series A preferred stock

 

 

 

 

 

(2,258

)

 

 

(5,186

)

 

Net (loss) income attributable to common stock

 

$

(513

)

 

$

7,042

 

 

$

8,525

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

Weighted-average shares of common stock - basic

 

 

122,099,437

 

 

 

112,763,261

 

 

 

103,479,239

 

 

Dilutive effect of stock options to purchase common stock

 

 

 

 

 

6,009,890

 

 

 

2,728,644

 

 

Dilutive effect of RSUs

 

 

 

 

 

19,160

 

 

 

 

 

Dilutive effect of warrants

 

 

 

 

 

29,614

 

 

 

 

 

Weighted-average shares of common stock - diluted

 

 

122,099,437

 

 

 

118,821,925

 

 

 

106,207,883

 

 

Net (loss) income per share attributable to common stock

 

 

 

 

 

 

 

 

 

 

Basic

 

$

 

 

$

0.06

 

 

$

0.08

 

 

Diluted

 

$

 

 

$

0.06

 

 

$

0.08

 

 

Schedule of Common Stock Equivalents Excluded from Income (Loss) Per Diluted Share

The following table summarized the securities that were excluded from the computation of diluted net (loss) income per share attributable to common stock as their inclusion would have been antidilutive for the year ended December 31, 2022:

 

Stock options to purchase common stock

 

 

5,335,115

 

RSUs

 

 

996,256

 

Warrants

 

 

456,602