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Net Loss per Share (Tables)
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Schedule of Antidilutive Securities Outstanding Excluded from Computation of Diluted Weighted-Average Shares Outstanding

The following potentially dilutive securities outstanding have been excluded from the computation of diluted weighted-average shares outstanding because such securities have an antidilutive impact due to losses reported:

 

 

 

As of June 30,

 

(in thousands)

 

2023

 

 

2022

 

Stock options outstanding

 

 

5,688

 

 

 

6,064

 

Restricted stock units

 

 

6,689

 

 

 

4,119

 

Acquisition related compensation (1)

 

 

89

 

 

 

2,041

 

Convertible debt

 

 

4,719

 

 

 

4,719

 

Total potentially dilutive securities

 

 

17,185

 

 

 

16,943

 

 

(1)
In connection with the acquisition of Feedonomics and B2B Ninja, we entered into contingent compensation arrangements for post-acquisition services.
Additionally, our acquisition of Bundle included $
1.5 million of contingent consideration. Of the $34.0 million to be paid as of June 30, 2023, 89,285 shares were issued in July 2023 as a result of the Bundle transaction. The remaining amount due for Feedonomics, $32.5M was paid in cash and excluded from the above balances as discussed in Note 13, "Subsequent Events".