Basic and Diluted Net Income (Loss) per Share |
The following tables detail the computation of the Company’s basic and diluted net income (loss) per share of common stock and Series A preferred stock: | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | 2021 | | 2020 | | Common Stock | Preferred Stock (1) | | Common Stock | Preferred Stock (1) | | | | | | | | | | | | | | | | | | | | | | | | | Net income (loss) attributable to stockholders | $ | 9,371 | | $ | — | | | $ | (61,389) | | $ | (17,082) | | Weighted-average common shares – Basic | 97,785,089 | | — | | | 70,304,166 | | 19,562,714 | | Weighted-average common shares – Diluted | 102,031,088 | | — | | | 70,304,166 | | 19,562,714 | | Net income (loss) per share attributable to stockholders – Basic | $ | 0.10 | | $ | 0.00 | | | $ | (0.87) | | $ | (0.87) | | Net income (loss) per share attributable to stockholders – Diluted | $ | 0.09 | | $ | 0.00 | | | $ | (0.87) | | $ | (0.87) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | Six Months Ended June 30, | 2021 | | 2020 | | Common Stock | Preferred Stock (1) | | Common Stock | Preferred Stock (1) | | | | | | | | | | | | | Allocation of undistributed consolidated net loss | $ | (37,199) | | $ | (514) | | | $ | (104,686) | | $ | (21,872) | | Deemed dividend | — | | — | | | (50,204) | | 50,204 | | Net income (loss) attributable to stockholders | $ | (37,199) | | $ | (514) | | | $ | (154,890) | | $ | 28,332 | | Weighted-average common shares – Basic and Diluted | 95,239,769 | | 1,317,062 | | | 78,406,162 | | 11,071,212 | | Net income (loss) per share attributable to stockholders – Basic and Diluted | $ | (0.39) | | $ | (0.39) | | | $ | (1.98) | | $ | 2.56 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
(1) Presented on an as-converted basis.
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Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share |
The following table summarizes the weighted-average common stock that were excluded from the Company’s diluted net income (loss) per share computation because their effect would have been anti-dilutive for the periods presented: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2021 | | 2020 | | 2021 | | 2020 | Preferred stock | — | | | 19,562,714 | | | 1,317,062 | | | 11,071,212 | | RSUs and PBRSUs | — | | | 1,368 | | | 2,232,314 | | | 16,336 | | Stock options | — | | | 196,009 | | | 251,171 | | | 250,092 | | Total | — | | | 19,760,091 | | | 3,800,547 | | | 11,337,640 | |
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