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

Basic and Diluted Net Loss per Share Attributable to Common Stockholders (Tables)

v3.21.2
Basic and Diluted Net Loss per Share Attributable to Common Stockholders (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Earnings Per Share [Abstract]    
Computation of 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 to common stockholders:
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)
The following table sets forth the computation of the Company’s basic and diluted net loss per share to common stockholders:
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)
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(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.
Schedule of Potentially Dilutive Shares Excluded from Computation of Net Loss Per Share
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 attributable to common stockholders for the periods presented because including them would have had an antidilutive effect:
Six months ended June 30,
2021 2020
(per share data)
Redeemable convertible preferred stock 147,876,672  147,876,672 
Convertible promissory note 6,756,757  4,029,222 
Redeemable convertible preferred stock warrants 408,729  408,729 
Common stock warrants 293,856  63,621 
Common stock options issued and outstanding 26,997,994  22,454,406 
Total potentially dilutive common share equivalents 182,334,008  174,832,650 
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 attributable to common stockholders for the periods presented because including them would have had an antidilutive effect:
December 31,
2020 2019
Redeemable convertible preferred stock 147,876,672  27,967,896 
Convertible notes —  4,006,668 
Redeemable convertible preferred stock warrants 408,729  173,362 
Common stock warrants 262,638  63,621 
Common stock options issued and outstanding 26,347,331  5,946,782 
Total potentially dilutive common stock equivalents 174,895,370  38,158,329