Schedule of Computation of Basic and Diluted Net Loss Per Share |
The following table sets forth the computation of basic and diluted net income (loss) per share for the three and nine months ended September 30, 2022 and 2021 (in thousands, except share and per-share data): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | | 2022 | | 2021 | | 2022 | | 2021 | | | | | | Numerator: | | | | | | | | | | | | | Net income (loss) | $ | (7,893) | | | $ | (17,894) | | | $ | 29,486 | | | $ | (37,926) | | | | | | | Less: Change in fair value of liability warrants | — | | | — | | | (7,329) | | | — | | | | | | | Adjusted net income (loss) | $ | (7,893) | | | $ | (17,894) | | | $ | 22,157 | | | $ | (37,926) | | | | | | | Denominator: | | | | | | | | | | | | | Weighted-average common shares outstanding - basic | 152,849,992 | | | 115,169,949 | | | 141,969,449 | | | 113,161,622 | | | | | | | Dilutive effect of employee equity incentive plans and outstanding warrants | — | | | — | | | 1,822,611 | | | — | | | | | | | Weighted-average common shares used in per share calculations - diluted | 152,849,992 | | | 115,169,949 | | | 143,792,060 | | | 113,161,622 | | | | | | | Net income (loss) per share: | | | | | | | | | | | | | Basic | $ | (0.05) | | | $ | (0.16) | | | $ | 0.21 | | | $ | (0.34) | | | | | | | Diluted | $ | (0.05) | | | $ | (0.16) | | | $ | 0.15 | | | $ | (0.34) | | | | | | |
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Schedule of Potential Common Shares Issuable Upon Conversion of Warrants |
The following table represents the potential dilutive shares of common stock excluded from the computation of the diluted net loss per share for all periods presented, as the effect would have been anti-dilutive: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | | 2022 | | 2021 | | 2022 | | 2021 | | | | | | Options, RSUs and ESPP shares | 16,147,192 | | | 11,701,844 | | | 16,960,983 | | | 11,701,844 | | | | | | | Warrants to purchase common stock | 31,228,279 | | | 12,378,016 | | | 213,339 | | | 12,378,016 | | | | | | | Total | 47,375,471 | | | 24,079,860 | | | 17,174,322 | | | 24,079,860 | | | | | | |
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