Net Loss Per Share

3 Months Ended

Mar. 31, 2022

NOTE 15. NET LOSS PER SHARE

Basic net loss per share is computed by dividing net loss allocable to common shareholders by the weighted average number of common shares outstanding during the period. Diluted net loss per common share adjusts net loss and net loss per common share for the effect of all potentially dilutive shares of the Company’s Common Stock. Basic net loss per common share is the same as dilutive net loss per common share for the three months ended March 31, 2022 and the two months ended March 31, 2021, as the inclusion of all potential common shares would have been antidilutive. Potential common shares consist of Public Warrants and Private Placement Warrants to purchase Common Stock (using the treasury stock method) that were sold by GWAC in its initial public offering or concurrent with its initial public offering, respectively, and assumed by the Company as of the Effective Date of the Business Combination, as well as unvested RSUs.

The following table presents the common shares that are excluded from the computation of diluted net loss per common share as of March 31, 2022, because including them would have been antidilutive. There were no potentially dilutive securities as of March 31, 2021.


Public Warrants			8,499,980
Private Placement Warrants			114,000
Unvested RSUs			10,440,942
			19,054,922