General form of registration statement for all companies including face-amount certificate companies

Net (Loss)/Income Per Share of Class A Common Stock (Tables)

v3.21.2
Net (Loss)/Income Per Share of Class A Common Stock (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2021
Dec. 31, 2020
Schedule of Earnings Per Share, Basic and Diluted
The following table includes the calculation of basic and diluted net (loss)/income per share:​​​​​​​
 
    
Three Months Ended
September 30,
   
Nine Months Ended
September 30,
 
    
2021
   
2020
   
2021
   
2020
 
    
(in thousands except
per share information)
   
(in thousands except per
share information)
 
Loss from continuing operations
   $ (46,897   $ (13,911   $ (250,016   $ (37,594
(Loss)/gain from discontinued operation
     —         (511     (1,022     28,449
  
 
 
   
 
 
   
 
 
   
 
 
 
Net loss available to common stockholders
   $ (46,897   $ (14,422   $ (251,038   $ (9,145
  
 
 
   
 
 
   
 
 
   
 
 
 
Basic and diluted net loss per share - continuing operations
   $ (0.67   $ (0.41   $ (4.29   $ (1.16
Basic and diluted net (loss)/income per share - discontinued operations
     —         (0.01     (0.02     0.87
  
 
 
   
 
 
   
 
 
   
 
 
 
Basic and diluted net loss per share
   $ (0.67   $ (0.42   $ (4.31   $ (0.29
  
 
 
   
 
 
   
 
 
   
 
 
 
Shares used in the computation of basic and diluted net loss per share
     69,975     34,258     58,297     32,515
The following table includes the calculation of basic and diluted net income/(loss) per share:
 
    
Year Ended December 31,
 
    
     2020     
   
     2019     
 
    
(in thousands except per
share information)
 
Loss from continuing operations
   $ (47,720   $ (59,985
Income/(loss) from discontinued operations
     28,185       (6,160
    
 
 
   
 
 
 
Net loss available to common stockholders
   $ (19,535   $ (66,145
    
 
 
   
 
 
 
Basic and diluted net loss per share - continuing operations
   $ (1.45   $ (3.30
Basic and diluted net income/(loss) per share - discontinued operations
     0.85       (0.34
    
 
 
   
 
 
 
Basic and diluted net loss per share - total
   $ (0.60   $ (3.64
    
 
 
   
 
 
 
Shares used in computation of basic and diluted net income/(loss) per share
     33,009       18,164  
Schedule of Potentially Dilutive Securities
 
    
Three Months Ended
September 30,
    
Nine Months Ended
September 30,
 
    
    2021    
    
    2020    
    
2021
    
2020
 
    
(in thousands)
    
(in thousands)
 
Restricted class A common stock
     420      1,022      420      1,022
Restricted stock units
     9,158      —          9,158      —    
Common Stock warrants
     1,770      12,312      1,770      12,312
Public Warrants (as exercised for class A common stock) treated as liability
     15,813      —          15,813      —    
Private Placement Warrants (as exercised for class A common stock) treated as liability
     8,325      —          8,325      —    
Sponsor
earn-out
shares
     2,372      —          2,372      —    
Stock options
     2,344      3,561      2,344      3,561
The following potentially dilutive securities were not included in the calcul
a
tion of weighted average common shares outstanding, as their effect would have been anti-dilutive for the years ended December 31:
 
    
December 31,
 
    
2020
    
2019
 
    
(in thousands)
 
Restricted common stock
     891        —    
Common stock warrants
     12,312        11,551  
Stock options
     3,489        3,856