Annual report pursuant to Section 13 and 15(d)

NET (LOSS) INCOME PER SHARE (Tables)

v3.24.0.1
NET (LOSS) INCOME PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Schedule Basic and Diluted Net (Loss) Income Attributable to Common Stockholders
The following table sets forth the computation of basic and diluted net (loss) income attributable to Class A and Class B common stockholders per share (in thousands except per share data):
Years Ended December 31,
2023 2022 2021
Class A Class B Class A Class B Class A Class B
Numerator
Net (loss) income attributable to common stockholders – basic $ (16,992) $ (2,401) $ (15,535) $ (2,248) $ 9,182  $ 1,555 
Potential dilutive effect of derivative instruments
 —  —  —  —  4  (4)
Net (loss) income attributable to common stockholders – diluted $ (16,992) $ (2,401) $ (15,535) $ (2,248) $ 9,186  $ 1,551 
Denominator
Weighted average shares of common stock outstanding - basic 116,520  16,458  112,133  16,220  95,588  16,130 
Potential dilutive effect of stock options —  —  —  —  11,229  1,951 
Potential dilutive effect of restricted stock units —  —  —  —  —  — 
Weighted average shares of common stock outstanding - dilutive 116,520  16,458  112,133  16,220  106,817  18,081 
Net (loss) income attributable to common stockholders per share
Basic $ (0.15) $ (0.15) $ (0.14) $ (0.14) $ 0.10  $ 0.10 
Diluted $ (0.15) $ (0.15) $ (0.14) $ (0.14) $ 0.09  $ 0.09 
Schedule of Excluded Securities from Computation of Diluted Net (Loss) Income Per Share
The following equity awards outstanding at the end of each period presented have been excluded from the computation of diluted net (loss) income per share of common stock for the periods presented due to their anti-dilutive effect:
December 31, 2023 December 31, 2022 December 31, 2021
Stock options 5,394  9,222  — 
Restricted stock units 11,702  11,521  — 
Public Warrants 5,383  5,383  7,175 
Private Warrants 3,822  3,822  3,821 
Earnout Shares 15,000  15,000  15,000 
41,301  44,948  25,996