Basic and Diluted Net Loss Per Share (Tables)

6 Months Ended

Jun. 30, 2022

Basic and Diluted Net Loss Per Share

Schedule of earnings per share, basic and diluted


	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Numerator:
Net loss used to compute net loss per share - basic and diluted	$	(26,377)	$	(16,296)	$	(32,173)	$	(81,398)

Denominator:
Weighted average shares outstanding used to compute loss per share - basic and diluted		97,142,163		95,221,928		96,611,294		91,483,053

Loss per share - basic and diluted	$	(0.27)	$	(0.17)	$	(0.33)	$	(0.89)

Schedule of antidilutive securities excluded from computation of earnings per share


	Three Months Ended June 30,		Six Months Ended June 30,
	2022	2021	2022	2021
Stock options	4,429,426	6,350,253	4,429,426	6,350,253
Restricted stock units and awards	5,331,673	2,975,463	5,331,673	2,975,463
Performance restricted stock units	1,825,719	—	1,825,719	—
Public and private warrants	1,795,700	3,125,154	1,795,700	3,125,154
Earnout shares	2,050,000	4,099,999	2,050,000	4,099,999
Convertible debt⁽¹⁾	16,998,130	—	16,998,130	—

⁽¹⁾ In connection with the September 16, 2021 issuance of the 2026 Notes, the Company used a portion of the proceeds to pay for the capped call transactions, which are expected to generally reduce the potential dilution to the Company’s common stock. The capped call transactions impact the number of shares that may be issued by effectively increasing the conversion price for the Company from $25 per share to approximately $37.74 per share, which would result in 11,261,261 potentially dilutive shares instead of the shares reported in this table as of June 30, 2022.