Quarterly report pursuant to Section 13 or 15(d)

NET INCOME (LOSS) PER SHARE (Tables)

v3.22.2.2
NET INCOME (LOSS) PER SHARE (Tables)
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Schedule Basic and Diluted Net Income (Loss) Attributable to Common Stockholders
The following table sets forth the computation of basic and diluted net income (loss) attributable to Class A and Class B common stockholders per share (in thousands except per share data):
Three Months Ended September 30, 2022 Three Months Ended September 30, 2021
Class A Class B Class A Class B
Numerator
Net income attributable to common stockholders – basic $ 3,175  $ 454  $ 9,796  $ 1,440 
Potential dilutive effect of stock options 21  (21) (15) 15 
Net income attributable to common stockholders – diluted $ 3,196  $ 433  $ 9,781  $ 1,455 
Denominator
Weighted average shares of common stock outstanding - basic 112,873  16,159  109,693  16,130 
Potential dilutive effect of stock options 8,206  1,371  11,123  1,849 
Potential dilutive effect of restricted stock units 8,311  —  —  — 
Weighted average shares of common stock outstanding - diluted 129,390  17,530  120,816  17,979 
Net income attributable to common stockholders per share
Basic $ 0.03  $ 0.03  $ 0.09  $ 0.09 
Diluted $ 0.02  $ 0.02  $ 0.08  $ 0.08 

Nine Months Ended September 30, 2022 Nine Months Ended September 30, 2021
Class A Class B Class A Class B
Numerator
Net (loss) income attributable to common stockholders – basic $ (14,045) $ (2,035) $ 8,809  $ 1,310 
Potential dilutive effect of stock options —  —  (207) 207 
Net (loss) income attributable to common stockholders – diluted $ (14,045) $ (2,035) $ 8,602  $ 1,517 
Denominator
Weighted average shares of common stock outstanding - basic 111,389  16,140  90,750  16,130 
Potential dilutive effect of stock options —  —  11,686  1,950 
Weighted average shares of common stock outstanding - diluted 111,389  16,140  102,436  18,080 
Net (loss) income attributable to common stockholders per share
Basic $ (0.13) $ (0.13) $ 0.10  $ 0.08 
Diluted $ (0.13) $ (0.13) $ 0.08  $ 0.08 
Schedule of Excluded Securities from Computation of Diluted Net Income (Loss) Per Share
The following equity awards outstanding have been excluded from the computation of diluted net income (loss) per share of common stock for the periods presented due to their anti-dilutive effect:
Three Months Ended September 30, Nine Months Ended September 30,
2022 2021 2022 2021
Stock options 133  51  12,262  — 
RSUs —  —  8,311  — 
Public Warrants 5,382  7,175  5,382  7,175 
Private Warrants 3,821  3,821  3,821  3,821 
Earnout Shares 15,000  15,000  15,000  15,000 
24,336  26,047  44,776  25,996