Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share of Class A Common Stock

v3.23.2
Net Loss Per Share of Class A Common Stock
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Net (Loss)/Income Per Share of Class A Common Stock
12. Net Loss Per Share of Class A Common Stock
The following table includes the calculation of basic and diluted net (loss) income per share:
Three Months Ended June 30, Six Months Ended June 30,
2023 2022 2023 2022
(in thousands except per share information)
Net loss available to common stockholders $ (33,431) $ (26,282) $ (50,746) $ (46,274)
Basic and diluted net loss per share $ (0.24) $ (0.22) $ (0.39) $ (0.40)
Shares used in the computation of basic and diluted net loss per share 137,208  118,112  130,712  116,803 
The potentially dilutive securities listed below were not included in the calculation of diluted weighted average common shares outstanding, as their effect would have been anti-dilutive during the three and six months ended June 30, 2023 and 2022.
Three and Six Months Ended June 30,
2023 2022
(in thousands)
Restricted Class A common stock 38  100 
Class A common stock warrants 1,770  1,770 
Stock options 7,705  4,690 
Restricted stock units 6,187  6,848 
Public Warrants (exercisable for Class A common stock) treated as liability 15,813  15,813 
Private Placement Warrants (exercisable for Class A common stock) treated as liability 24,729  8,325 
Sponsor Shares 2,372  2,372