Quarterly report pursuant to Section 13 or 15(d)

NET LOSS PER SHARE (Tables)

v3.23.2
NET LOSS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Schedule Basic and Diluted Net Income Attributable to Common Stockholders
The following table sets forth the computation of basic and diluted net loss attributable to Class A and Class B common stockholders per share (in thousands except per share data):

Three Months Ended June 30, 2023 Three Months Ended June 30, 2022
Class A Class B Class A Class B
Numerator
Net (loss) income attributable to common stockholders – basic $ (665) $ (94) $ 4,805  $ 698 
Potential dilutive effect of stock options —  —  22  (22)
Net (loss) income attributable to common stockholders – diluted $ (665) $ (94) $ 4,827  $ 676 
Denominator
Weighted average shares of common stock outstanding - basic 115,686  16,458  111,057  16,130 
Potential dilutive effect of stock options —  —  9,873  1,837 
Potential dilutive effect of restricted stock units —  —  7,300  — 
Weighted average shares of common stock outstanding - diluted 115,686  16,458  128,230  17,967 
Net loss attributable to common stockholders per share
Basic $ (0.01) $ (0.01) $ 0.04  $ 0.04 
Diluted $ (0.01) $ (0.01) $ 0.04  $ 0.04 
Six Months Ended June 30, 2023 Six Months Ended June 30, 2022
Class A Class B Class A Class B
Numerator
Net loss attributable to common stockholders – basic $ (2,915) $ (414) $ (17,201) $ (2,508)
Potential dilutive effect of derivative instruments —  —  —  — 
Net loss attributable to common stockholders – diluted $ (2,915) $ (414) $ (17,201) $ (2,508)
Denominator
Weighted average shares of common stock outstanding - basic 115,679  16,458  110,635  16,130 
Potential dilutive effect of derivative instruments —  —  —  — 
Weighted average shares of common stock outstanding - diluted 115,679  16,458  110,635  16,130 
Net loss attributable to common stockholders per share
Basic $ (0.03) $ (0.03) $ (0.16) $ (0.16)
Diluted $ (0.03) $ (0.03) $ (0.16) $ (0.16)
Schedule of Excluded Securities from Computation of Diluted Net 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 per share of common stock for the periods presented due to their anti-dilutive effect:

Three Months Ended June 30, Six Months Ended June 30,
2023 2022 2023 2022
Stock options 6,457  133  6,457  13,752 
Restricted stock units 13,218  —  13,218  7,300 
Public Warrants 5,382  5,382  5,382  5,382 
Private Warrants 3,822  3,822  3,822  3,822 
Earnout Shares 15,000  15,000  15,000  15,000 
43,879  24,337  43,879  45,256