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Net (Loss) Income Per Share (Tables)
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Schedule of Computation Basic and Diluted Net (Loss) Income Per Share

The following table presents the computation of basic and diluted net (loss) income per share attributable to common stockholders, as a group, for the periods presented:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

$

(1,436

)

 

$

14,759

 

 

$

(6,833

)

 

$

(4,617

)

Income impact of convertible promissory notes

 

 

 

 

600

 

 

 

 

 

 

 

Total undistributed (loss) income

$

(1,436

)

 

$

15,359

 

 

$

(6,833

)

 

$

(4,617

)

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

39,509

 

 

 

37,415

 

 

 

39,109

 

 

 

35,097

 

Dilutive effect of convertible promissory notes

 

 

 

 

2,429

 

 

 

 

 

 

 

Dilutive effect of stock-based awards

 

 

 

 

2,197

 

 

 

 

 

 

 

Common stock and common stock equivalents

 

39,509

 

 

 

42,041

 

 

 

39,109

 

 

 

35,097

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net (loss) income per share

$

(0.04

)

 

$

0.39

 

 

$

(0.17

)

 

$

(0.13

)

Diluted net (loss) income per share

$

(0.04

)

 

$

0.37

 

 

$

(0.17

)

 

$

(0.13

)

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of Antidilutive Shares

The following shares of common stock subject to certain instruments were excluded from the computation of diluted net income per share attributable to common stockholders for the periods presented as their effect would have been antidilutive (with figures recast using the conversion ratio for the Business Combination, as applicable):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares subject to warrants

 

10,451

 

 

 

10,451

 

 

 

10,451

 

 

 

10,451

 

Shares subject to convertible promissory notes

 

2,480

 

 

 

 

 

 

2,480

 

 

 

2,429

 

Shares subject to forward purchase agreements

 

 

 

 

3,819

 

 

 

 

 

 

3,819

 

Escrow Shares

 

1,625

 

 

 

1,625

 

 

 

1,625

 

 

 

1,625

 

Shares subject to outstanding common stock options, RSUs and PSUs

 

3,825

 

 

 

1,105

 

 

 

4,336

 

 

 

1,105

 

Shares subject to stockholder earn-out rights

 

5,429

 

 

 

5,429

 

 

 

5,429

 

 

 

5,429

 

 

23,810

 

 

 

22,429

 

 

 

24,321

 

 

 

24,858