Net Income (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2021

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 September 30,	2021				2020
	Common Stock		Preferred Stock (1)		Common Stock		Preferred Stock (1)




Net income (loss) attributable to stockholders	$	27,185	$	—	$	(27,779)	$	(6,546)
Weighted-average common shares – Basic	99,073,507		—		73,566,385		17,335,485
Weighted-average common shares – Diluted	106,108,662		—		73,566,385		17,335,485
Net income (loss) per share attributable to stockholders – Basic	$	0.27	$	0.00	$	(0.38)	$	(0.38)
Net income (loss) per share attributable to stockholders – Diluted	$	0.26	$	0.00	$	(0.38)	$	(0.38)


Nine Months Ended September 30,	2021				2020
	Common Stock		Preferred Stock (1)		Common Stock		Preferred Stock (1)


Allocation of undistributed consolidated net loss	$	(10,434)	$	(94)	$	(129,968)	$	(30,915)
Deemed dividend	—		—		(50,204)		50,204
Net income (loss) attributable to stockholders	$	(10,434)	$	(94)	$	(180,172)	$	19,289
Weighted-average common shares – Basic and Diluted	96,531,725		873,217		76,781,157		13,174,545
Net income (loss) per share attributable to stockholders – Basic and Diluted	$	(0.11)	$	(0.11)	$	(2.35)	$	1.46

(1) Presented on an as-converted basis.

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 September 30,		Nine Months Ended September 30,
	2021	2020	2021	2020
Preferred stock	—	17,335,485	873,217	13,174,545
RSUs and PBRSUs	—	761,077	3,076,073	184,832
Stock options	—	160,382	139,868	228,066
Total	—	18,256,944	4,089,158	13,587,443