Annual report pursuant to Section 13 and 15(d)

Net Loss Per Share (Tables)

v3.23.1
Net Loss Per Share (Tables)
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Schedule of Anti-Dilutive Securities that Could Potentially be Dilutive in Future

The table below represents the anti-dilutive securities that could potentially be dilutive in the future for the periods presented:

 

 

 

As of December 31,

 

(in shares of common stock)

 

2022

 

 

2021

 

Series A Preferred Stock

 

 

 

 

 

10,947,686

 

Stock options

 

 

1,673,042

 

 

 

2,122,834

 

Restricted stock units

 

 

20,117,746

 

 

 

14,802,798

 

Detachable Warrants

 

 

 

 

 

26,029,603

 

Inducement Warrants

 

 

 

 

 

475,291

 

FP Pre-Combination Warrants

 

 

 

 

 

2,051,915

 

Pre-Combination Warrants

 

 

 

 

 

683,999

 

FP Combination Warrants

 

 

8,291,704

 

 

 

 

Combination Warrants

 

 

2,763,902

 

 

 

 

Public Warrants

 

 

19,221,960

 

 

 

 

Private Placement Warrants

 

 

78,000

 

 

 

 

2027 Warrants

 

 

17,253,279

 

 

 

 

PIPE Investment Obligation

 

 

14,240,506

 

 

 

 

Schedule of Computations of Basic and Diluted Net Loss Per Share

The computations of basic and diluted net loss per share for the periods presented were as follows:

 

 

 

Years Ended December 31,

 

(in thousands, except per share and share amounts)

 

2022

 

 

2021

 

Net loss - basic

 

$

(163,980

)

 

$

(138,982

)

Effect of dilutive potential shares

 

 

(23,771

)

 

 

-

 

Net loss - diluted

 

$

(187,751

)

 

$

(138,982

)

 

 

 

 

 

 

 

Weighted-average shares outstanding - basic

 

 

128,261,443

 

 

 

76,713,895

 

Dilutive potential shares

 

 

5,861,388

 

 

 

-

 

Weighted-average shares outstanding - diluted

 

 

134,122,831

 

 

 

76,713,895

 

 

 

 

 

 

 

 

Net loss per share - basic

 

$

(1.28

)

 

$

(1.81

)

Net loss per share - diluted

 

$

(1.40

)

 

$

(1.81

)