Note 10 - Net Loss Per Share

3 Months Ended

Mar. 31, 2023

Notes to Financial Statements

Earnings Per Share [Text Block]

The following table (in thousands, except for loss per share) reconciles basic and diluted weighted average common shares outstanding for each of the three months ended March 31, 2023 and 2022:

	Three Months Ended
	March 31,
	2023			2022
Weighted average common shares outstanding:
Basic		146,931			121,328
Dilutive unvested stock, convertible preferred stock, Common Stock Warrants and IPO Warrants		—			—
Diluted		146,931			121,328
Basic and diluted net loss per share attributable to common stockholders	$	(0.23	)	$	(0.14	)

Potentially dilutive securities not included in the diluted net loss per share computations because their effect would have been anti-dilutive were as follows (in thousands):

	Three Months Ended
	March 31,
	2023		2022
Unvested stock and stock units (1)		2,053		1,347
Convertible preferred stock		52,622		37,671
Common Stock Warrants		1,380		1,452
IPO Warrants (2)		—		12,082
Total potentially dilutive common shares		56,055		52,552

⁽¹⁾ Includes the impact of unvested shares containing performance conditions to the extent that the underlying performance conditions are satisfied based on actual results as of the respective dates. 

⁽²⁾ The IPO Warrants were issued in connection with our initial public offering in 2015 and expired on July 24, 2022.