XML 61 R22.htm IDEA: XBRL DOCUMENT v3.24.0.1
Net Loss Per Share
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Net Loss Per Share

15. Net Loss Per Share

The following table summarizes the computation of basic and diluted net loss per share attributable to common stockholders of the Company:

 

Year Ended
December 31,

 

 

2023

 

 

2022

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(59,493

)

 

$

(7,964

)

Dividends on Series D convertible preferred stock

 

 

-

 

 

 

(7,383

)

Redemption value of Series D convertible preferred stock

 

 

-

 

 

 

(3,692

)

Net loss attributable to common stockholders - basic and diluted

 

$

(59,493

)

 

$

(19,039

)

Denominator:

 

 

 

 

 

 

Weighted average common stock outstanding

 

 

78,197,107

 

 

 

29,878,041

 

Net loss per share attributable to common stockholders - basic and diluted

 

$

(0.76

)

 

$

(0.64

)

 

For periods in which the Company reports a net loss attributable to common stockholders, potentially dilutive securities have been excluded from the computation of diluted net loss per share as their effects would be anti-dilutive. Therefore, the weighted average number of common shares outstanding used to calculate both basic and diluted net loss per share attributable to common stockholders is the same. The Company excluded the following potential common shares, presented based on amounts outstanding at period end, from the computation of diluted net loss per share attributable to common stockholders because including them would have had an anti-dilutive effect:

Year Ended
December 31,

 

2023

 

 

2022

 

Warrants to purchase Common Stock

 

133,578

 

 

 

242,924

 

Stock options to purchase Common Stock

 

14,591,753

 

 

 

12,190,970

 

Earn-out shares

 

7,536,461

 

 

 

7,536,461

 

Unvested RSUs

 

2,998,837

 

 

 

801,401

 

Unvested PSUs

 

2,028,134

 

 

 

4,554,408

 

Total

 

27,288,763

 

 

 

25,326,164