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Net Loss Per Share
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Net Loss Per Share

15. Net Loss Per Share

Net loss per share is computed by dividing net loss attributable to common stockholders for the period by the weighted average number of common shares outstanding during the period. Diluted loss per share reflects the additional dilution from potential issuances of common stock, such as stock issuable pursuant to the exercise of stock options, as well as from the possible conversion of the Company’s preferred stock and exercise of the outstanding warrant. The treasury stock and if-converted methods are used to calculate the potential dilutive effect of these common stock equivalents. However, potentially dilutive shares are excluded from the computation of diluted loss per share when their effect is antidilutive. Due to the Company reporting a net loss attributable to common stockholders for all periods presented, all potentially dilutive securities were antidilutive and have been excluded from the computation of diluted loss per share.

The table below provides potentially dilutive securities in equivalent common shares not included in the Company’s calculation of diluted loss per share because to do so would be antidilutive:

 

 

 

June 30,
2021

 

 

June 30,
2020

 

Options to purchase common stock

 

 

11,166,946

 

 

 

3,848,838

 

Restricted stock units

 

 

4,377,826

 

 

 

1,095,095

 

Common stock warrant

 

 

21,465,121

 

 

 

400,160

 

Common stock issuable upon conversion of Convertible Notes

 

 

50,856,253

 

 

 

 

Series A Preferred Stock

 

 

 

 

 

 

Series B Preferred Stock

 

 

 

 

 

 

Series B Preferred Stock Purchase Warrant

 

 

 

 

 

 

Total

 

 

87,866,146

 

 

 

5,344,093