Net Loss per Share

3 Months Ended

Mar. 31, 2023

Basic and diluted net loss per share for the three months ended March 31, 2023 and 2022 consisted of the following (in thousands, except for per share amounts):


	Three Months Ended March 31,
	2023		2022
Numerator:
Net loss	$	(24,331)	$	(24,030)
Net loss attributable to common stockholders, basic	(24,331)		(24,030)


Net loss attributable to common stockholders, diluted(1)	$	(24,331)	$	(24,030)

Denominator:
Basic


Weighted average shares outstanding, basic	168,829		163,165
Basic net loss per share	$	(0.14)	$	(0.15)

Diluted


Weighted average shares outstanding, diluted(1)	168,829		163,165



Diluted net loss per share	$	(0.14)	$	(0.15)

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(1)Net loss attributable to common stockholders, diluted excludes adjustments related to the change in fair value of derivative liabilities, interest expense and amortization of discounts and issuance costs related to Convertible Debentures. Additionally, weighted average shares outstanding, diluted excludes the if-converted shares related to Convertible Debentures. These adjustments were excluded from the calculation of diluted net loss per share as they would have an antidilutive effect (see Note 7 - Convertible Notes).

Potential weighted average shares that were excluded from the computation of diluted net income (loss) per share because their effect was anti-dilutive as of March 31, 2023 and 2022 consisted of the following (in thousands):


	March 31, 2023	March 31, 2022
Contingent earn-out shares	16,422	16,422
Common stock public and private warrants	18,833	18,833
Restricted stock units	9,224	731
Stock options	1,570	1,813
Convertible debt	50,518	—