XML 59 R37.htm IDEA: XBRL DOCUMENT v3.23.1
Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
The calculations of basic and diluted loss per share were as follows:
Three Months Ended March 31,
20232022
Numerator:
Net loss$(34,422)$(110,357)
Less: Redeemable preferred stock dividends
(9,968)(9,968)
Net loss attributable to common stockholders – basic and diluted
$(44,390)$(120,325)
Denominator:
Weighted average common stock outstanding – basic
929,270,723 852,853,596 
Weighted average common stock outstanding – diluted
929,270,723 852,853,596 
Loss per share – basic
$(0.05)$(0.14)
Loss per share – diluted
$(0.05)$(0.14)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
We excluded the effect of the below elements from our calculation of diluted loss per share, as their inclusion would have been anti-dilutive, as there were no earnings attributable to common stockholders. These amounts represent the number of instruments outstanding at the end of the period.
March 31,
20232022
Common stock options
18,569,877 20,059,315 
Common stock warrants
12,170,990 12,170,990 
Unvested RSUs
86,139,377 62,633,066 
Unvested PSUs
18,073,029 23,092,586 
Convertible notes(1)
53,538,000 53,538,000 
Contingent common stock(2)
6,305,595 6,903,663 
Potentially issuable contingent common stock(3)
— 598,068 
________________________
(1)Represents the shares of common stock issuable upon conversion of all convertible notes at the conversion rate in effect at the date indicated.
(2)As of March 31, 2023, includes contingently returnable common stock in connection with the Technisys Merger, which consists of shares that may be used to satisfy certain indemnification claims, subject to certain limitations, and to cover any outstanding claims or indemnifications pursuant to the merger agreement. See Note 2. Business Combinations for additional information.
(3)As of March 31, 2022, included the maximum amount of potentially issuable contingent common stock in connection with the Technisys Merger, which was pending final agreement regarding a closing net working capital calculation specified in the merger agreement.