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Net Loss Per Share Attributable to Common Stockholders (Tables)
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Computation of the Basic and Diluted Net Loss Per Share Attributable to Common Stockholders

The following table sets forth the computation of the Company’s basic and diluted net (loss) income attributable to common stockholders per share for the three months ended March 31, 2022 and 2021 (in thousands except share and per share data):

 

 

 

Three months ended March 31,

 

 

 

2022

 

 

2021

 

Numerator

 

 

 

 

 

 

Net (loss) income

 

$

(2,158

)

 

$

102

 

Less: noncontrolling interests

 

 

137

 

 

$

-

 

Less: net income allocated to participating securities

 

 

-

 

 

 

(102

)

 

 

 

 

 

 

 

Net (loss) income attributable to common stockholders, basic and diluted

 

$

(2,021

)

 

$

-

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

Weighted-average common shares outstanding, attributable to common stockholders, basic

 

 

133,902,523

 

 

 

31,557,473

 

Effect of employee stock plans

 

 

-

 

 

 

4,199,684

 

Weighted-average common shares outstanding, attributable to common stockholders, diluted

 

 

133,902,523

 

 

 

35,757,157

 

 

 

 

 

 

 

 

Net (loss) income per share attributable to common stockholders, basic

 

 

(0.02

)

 

$

-

 

Net (loss) income per share attributable to common stockholders, diluted

 

 

(0.02

)

 

$

-

 

 

 

Share-based compensation awards of approximately 3.2 million and 0.1 million shares for the three months ended March 31, 2022 and 2021, respectively, were outstanding but were not included in the computation of diluted net (loss) income per share attributable to common stockholders because the effect of including such shares would have been anti-dilutive in the periods presented.