Quarterly report pursuant to Section 13 or 15(d)

Basic and Diluted Net Income (Loss) per Share

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Basic and Diluted Net Income (Loss) per Share
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Basic and Diluted Net Income (Loss) per Share Basic and Diluted Net Loss per Share
The following table sets forth the computation of the Company’s basic and diluted net loss per share attributable to common stockholders:
Three Months Ended
March 31,
2024 2023
(In thousands, except share and per share data)
Numerator:
Net loss
$ (28,314) $ (36,325)
Denominator:
Weighted average shares outstanding–basic and diluted
260,294,161  189,609,021 
Net loss per share–basic and diluted
$ (0.11) $ (0.19)
The following potentially dilutive shares of common stock equivalents “on an as-converted basis” were excluded from the computation of diluted net loss per share for the periods presented because including them would have had an antidilutive effect:
Three Months Ended
March 31,
2024 2023
Common stock options 11,394,757  15,388,946 
Common stock warrants 50,945,000  13,145,000 
Restricted stock units 18,260,514  12,455,651 
Total potentially dilutive common share equivalents 80,600,271  40,989,597 
Total potentially dilutive common share equivalents for the three months ended March 31, 2024 and 2023 excludes 21,265,936 and 21,758,148, respectively, shares related to the earnout liability as these shares are contingently issuable upon meeting certain triggering events.