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Net Loss Per Share
9 Months Ended
Sep. 30, 2024
Net Loss Per Share  
Net Loss Per Share

(14) Net Loss Per Share

The following table presents the calculation of basic and diluted net loss per share attributable to common stockholders (in thousands, except for per share amounts):

Three Months Ended September 30,

Nine Months Ended September 30,

    

2024

    

2023

    

2024

    

2023

Numerator:

 

 

  

 

 

  

Net loss

$

(14,833)

$

(22,215)

 

$

(48,027)

$

(62,535)

Denominator:

Weighted-average shares outstanding - basic and diluted

188,389

133,866

170,665

129,173

Net loss per share - basic and diluted

$

(0.08)

$

(0.17)

 

$

(0.28)

$

(0.48)

There are 3,059,273 Sponsor Vesting Shares that were not included in the computations of basic and diluted net loss per share for the three and nine months ended September 30, 2024, and 2023 because the contingencies for the issuance of these shares have not been met. The weighted-average common shares outstanding for the three and nine months ended September 30, 2024 include 972,578 weighted-average shares for warrants having an exercise price of $0.01 per share each. The weighted-average common shares outstanding for the three and nine months ended September 30, 2023 include 1,094,494 and 1,349,367 weighted-average shares for warrants having an exercise price of $0.01 per share each, respectively.

The Company’s potential dilutive securities, which include stock options, restricted stock units and warrants have been excluded from the computation of diluted net loss per share as the effect would be anti-dilutive. Therefore, the weighted average number of common shares outstanding used to calculate both basic and diluted net loss per share is the same.

The Company excluded the following potential common shares from the computation of diluted net loss per share for the three and nine months ended September 30, 2024, and 2023:

    

Nine Months Ended September 30,

2024

    

2023

Common Stock warrants (1)

 

14,450,417

 

14,450,417

Stock Options

 

8,325,875

 

5,802,495

Restricted Stock Units

 

14,241,050

 

12,285,160

 

37,017,342

 

32,538,072

(1)The number of outstanding warrants does not include unvested Customer warrants for 1,340,310 shares as of September 30, 2024 and 2023.