| Schedule of basic and diluted net income per ordinary share |
|
The following table sets forth the computation of the Company’s basic and diluted net loss per share to common stockholders:
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|
|
|
|
|
|
|
|
|
|
|
Six months ended June 30, |
|
2021 |
|
2020 |
|
(In thousands, except share data) |
| Numerator: |
|
|
|
| Net loss |
$ |
(26,086) |
|
|
$ |
(10,484) |
|
| Denominator: |
|
|
|
| Weighted average shares used in computing net loss per share – basic and diluted |
19,715,885 |
|
|
18,553,332 |
|
| Net loss per share – basic and diluted. |
$ |
(1.32) |
|
|
$ |
(0.57) |
|
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The following table sets forth the computation of the Company’s basic and diluted net loss per share to common stockholders:
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|
|
|
|
|
|
|
|
|
|
|
|
Year ended December 31, |
|
2020 |
|
2019 |
|
(In thousands, except share and per share data) |
| Numerator: |
|
|
|
| Net loss |
$ |
(21,807) |
|
|
$ |
(25,678) |
|
Extinguishment of redeemable convertible preferred stock(1)
|
13,051 |
|
|
— |
|
| Net loss attributable to common stockholders |
$ |
(8,756) |
|
|
$ |
(25,678) |
|
| Denominator: |
|
|
|
Weighted average shares used in computing net loss per share attributable to common stockholders, basic and diluted |
19,232,455 |
|
|
15,629,519 |
|
Net loss per share attributable to common stockholders, basic and diluted. |
$ |
(0.46) |
|
|
$ |
(1.64) |
|
__________________
(1)Represents the Series A, B and C redeemable convertible preferred stock extinguishment and thus reflects additional amounts attributable to common stockholders for EPS purposes. See Note 13, Equity Instruments.
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| Schedule of basic and diluted net income per ordinary share |
The following table reflects the calculation of basic and diluted net income (loss) per ordinary share (in dollars, except per share amounts):
|
|
|
|
|
|
|
For the Period from
September 11, 2020
(inception) Through
December 31, 2020 |
| Redeemable Class A Ordinary Shares |
|
| Numerator: Earnings allocable to Redeemable Class A Ordinary Shares |
|
| Interest Income |
$ |
— |
|
| Net Earnings |
$ |
— |
|
| Denominator: Weighted Average Redeemable Class A Ordinary Shares |
|
| Redeemable Class A Ordinary Shares, Basic and Diluted |
34,500,000 |
|
| Earnings/Basic and Diluted Redeemable Class A Ordinary Shares |
$ |
0.00 |
|
|
|
| Non-Redeemable Class B Ordinary Shares |
|
| Numerator: Net Loss minus Redeemable Net Earnings |
|
| Net Loss |
$ |
(1,767,451) |
|
| Non-Redeemable Net Loss |
$ |
— |
|
| Denominator: Weighted Average Non-Redeemable Class B Ordinary Shares |
|
| Non-Redeemable Class B Ordinary Shares, Basic and Diluted |
7,758,028 |
|
| Loss/Basic and Diluted Non-Redeemable Class B Ordinary Shares |
$ |
(0.23) |
|
Note: As of December 31, 2020, basic and diluted shares are the same as there are no non-redeemable securities that are dilutive to the shareholders.
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The following table reflects the calculation of basic and diluted net income (loss) per ordinary share (in dollars, except per share amounts):
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
June 30, 2021 |
|
Six Months Ended
June 30, 2021 |
| Redeemable Class A Common Stock |
|
|
|
| Numerator: Earnings allocable to Redeemable Class A Ordinary Shares |
|
|
|
| Interest Income |
$ |
5,210 |
|
|
$ |
9,910 |
|
| Less: Income and Franchise Tax available to be withdrawn from the Trust Account |
— |
|
|
— |
|
| Redeemable Net Earnings |
$ |
5,210 |
|
|
$ |
9,910 |
|
| Denominator: Weighted Average Redeemable Class A Ordinary Shares |
|
|
|
| Redeemable Class A Ordinary Shares, Basic and Diluted |
34,500,000 |
|
|
34,500,000 |
|
| Earnings/Basic and Diluted Redeemable Class A Ordinary Shares |
$ |
0.00 |
|
|
$ |
0.00 |
|
|
|
|
|
| Non-Redeemable Class B Ordinary Shares |
|
|
|
| Numerator: Net (Loss) Income minus Redeemable Net Earnings |
|
|
|
| Net (Loss) Income |
$ |
(2,660,294) |
|
|
$ |
13,423,592 |
|
| Redeemable Net Earnings |
(5,210) |
|
|
(9,910) |
|
| Non-Redeemable Net (Loss) Income |
$ |
(2,665,504) |
|
|
$ |
13,413,682 |
|
| Denominator: Weighted Average Non-Redeemable Class B Ordinary Shares |
|
|
|
Non-Redeemable Class B Ordinary Shares, Basic and Diluted (1)
|
8,625,000 |
|
|
8,625,000 |
|
| Earnings/Basic and Diluted Non-Redeemable Class B Ordinary Shares |
$ |
(0.30) |
|
|
$ |
1.56 |
|
|
|