Quarterly report pursuant to Section 13 or 15(d)

Basic and Diluted Net Loss per Share (Tables)

v3.21.2
Basic and Diluted Net Loss per Share (Tables)
 9 Months Ended
Sep. 30, 2021
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:
Three months ended September 30, Nine months ended September 30,
2021 2020 2021 2020
(In thousands, except share data)
Numerator:
Net loss $ (66,578) $ (7,107) $ (92,663) $ (17,591)
Denominator:
Weighted average shares used in computing net loss per share – basic and diluted 19,793,863  15,994,154  17,348,557  15,503,475 
Net loss per share – basic and diluted. $ (3.36) $ (0.44) $ (5.34) $ (1.13)
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:
Nine months ended September 30,
2021 2020
(per share data)
Redeemable convertible preferred stock —  108,642,440 
Convertible promissory note —  3,283,548 
Redeemable convertible preferred stock warrants —  332,893 
Common stock warrants 13,075,000  51,847 
Common stock options issued and outstanding 21,342,660  19,134,310 
Total potentially dilutive common share equivalents 34,417,660  131,445,038