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Net Loss per Share (Tables)
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Schedule of 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 per share attributable to common stockholders for the years ended December 31, 2022 and 2021 (in thousands except per share amounts):

 

Year ended December 31,2022

 

 

Year ended December 31,2021

 

Net loss

 

$

(136,065

)

 

$

(120,063

)

Basic and diluted weighted average common stock outstanding

 

 

27,222

 

 

 

22,098

 

Basic and diluted net loss per share

 

$

(5.00

)

 

$

(5.43

)

Schedule of Antidilutive Securities Excluded from Computation of Net Loss per Share

The following securities were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive, or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the period (in whole shares):

 

Year ended
December 31,2022

 

 

Year ended
December 31,2021

 

Convertible redeemable preferred stock

 

 

 

 

 

40,182,816

 

Stock options and restricted stock units outstanding(1)

 

 

8,585,124

 

 

 

9,335,163

 

Warrants for convertible redeemable preferred stock

 

 

 

 

 

9,225,903

 

Warrants for common stock

 

 

 

 

 

113,483

 

Private Warrants

 

 

4,616,667

 

 

 

 

Public Warrants

 

 

5,175,000

 

 

 

 

Shares for Mudrick convertible notes

 

 

15,218,000

 

 

 

 

Mudrick note warrants

 

 

7,000,000

 

 

 

 

Total

 

 

40,594,791

 

 

 

58,857,365

 

(1)
Balances are inclusive of the common stock options legally exercised in exchange of the nonrecourse promissory notes.