XML 62 R45.htm IDEA: XBRL DOCUMENT v3.22.4
Net Loss Per Share (Tables)
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net (Loss) Income Per Share Attributable to Common Stockholders

The following table summarizes the computation of basic and diluted net loss per share attributable to common stockholders of the Company:

 

In thousands, except for net loss per share

 

2022

 

 

2021

 

 

2020

 

Net loss

 

$

(31,819

)

 

$

(25,325

)

 

$

(57,949

)

Accretion of redeemable series A-1
   preferred stock

 

 

 

 

 

 

 

 

(17,601

)

Redeemable series A-1 preferred stock
   deemed dividend

 

 

 

 

 

 

 

 

(24,341

)

Convertible and redeemable series A-2
   preferred stock dividend

 

 

(16,400

)

 

 

(16,400

)

 

 

(6,970

)

Net loss attributable to common
   stockholders – basic and diluted

 

 

(48,219

)

 

 

(41,725

)

 

 

(106,861

)

Weighted-average common shares
   outstanding – basic and diluted

 

 

29,688

 

 

 

26,724

 

 

 

16,479

 

Net loss per share attributable to common
   stockholders – basic and diluted

 

$

(1.62

)

 

$

(1.56

)

 

$

(6.48

)

 

Equity Shares Excluded from Calculation of Diluted Net Loss per Share Attributable to Common Stockholders

The following common stock equivalents were excluded from the calculation of diluted net loss per share attributable to common stockholders because their effect would have been anti-dilutive for the years ended December 31:

 

 

 

2022 (1)

 

 

2021 (1)

 

 

2020 (1)

 

Stock options

 

 

3,435,261

 

 

 

1,687,413

 

 

 

2,237,910

 

Restricted stock

 

 

1,777,715

 

 

 

1,693,923

 

 

 

187,989

 

Series A-2

 

 

4,983,282

 

 

 

4,085,083

 

 

 

5,533,150

 

SARs

 

 

3,000,000

 

 

 

3,000,000

 

 

 

 

Warrants

 

 

 

 

 

 

 

 

116,350

 

Total

 

 

13,196,258

 

 

 

10,466,419

 

 

 

8,075,399

 

____________________________________________

(1) Includes 6,886,942, 4,051,206 and 728,143 equity shares that are out of the money as of December 31, 2022, 2021 and 2020, respectively.