Net Loss Per Share

6 Months Ended

Jun. 30, 2022

Net Loss Per Share

Net Loss Per Share

12. Net Loss Per Share

Basic net loss per share was calculated as follows for the three and six months ended June 30, 2022 and 2021.

	Three Months Ended June 30,				Six Months Ended June 30,
	2022			2021	2022			2021
Numerator:
Net loss attributable to common stockholders	$	(18,766)	$	(8,481)	$	(31,308)	$	(5,360)
Denominator:
Weighted average common shares outstanding, basic		76,764,296		76,324,367		76,755,028		76,198,384
Net loss per share - basic	$	(0.24)	$	(0.11)	$	(0.41)	$	(0.07)

Diluted net loss per share was calculated as follows for the three and six months ended June 30, 2022 and 2021:

	Three Months Ended June 30,					Six Months Ended June 30,
	2022			2021	2022			2021
Net loss attributable to common stockholders, basic	$	(18,766)	$	(8,481)	$	(31,308)	$	(5,360)
Interest expense on 2026 Convertible Notes		1,141		1,095		2,264		2,173
Change in fair value of derivative liability		(2,773)		(13,396)		(9,731)		(38,412)
Net loss attributable to common stockholders, diluted	$	(20,398)	$	(20,782)	$	(38,775)	$	(41,599)
Weighted average common shares outstanding, basic		76,764,296		76,324,367		76,755,028		76,198,384
Shares issuable upon conversion of 2026 Convertible Notes, as if converted		5,769,232		5,769,232		5,769,232		5,769,232
Weighted average common shares outstanding, diluted		82,533,528		82,093,599		82,524,260		81,967,616
Net loss per share attributable to common stockholders, diluted	$	(0.25)	$	(0.25)	$	(0.47)	$	(0.51)

The Company excluded the following common stock equivalents and restricted stock units, outstanding as of June 30, 2022 and 2021, from the computation of diluted net loss per share for the six months ended June 30, 2022 and 2021 because they had an anti-dilutive impact.

	Six Months Ended June 30,
	2022	2021
Options to purchase common stock	13,892,884	11,049,287
Restricted stock units	1,017,111	—
	14,909,995	11,049,287