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Net Income (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Reconciliation of net income loss available to common stockholders

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended

 

 

December 31,

 

    

2020

 

2019

 

2018

Basic net income (loss) per common share:

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

46,459

 

$

(8,569)

 

$

661

Less:

 

 

 

 

 

 

 

 

 

Net income (loss) from discontinued operations, net of tax

 

 

 —

 

 

 —

 

 

(5,777)

Deemed dividends on convertible preferred stock

 

 

 —

 

 

 —

 

 

(425)

Net income (loss) attributable to common stockholders

 

$

46,459

 

$

(8,569)

 

$

(5,541)

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted-average shares used in computing basic net income (loss) per share attributable to common stockholders

 

 

85,722,670

 

 

20,735,202

 

 

5,539,739

Basic net income (loss) per share attributable to common stockholders

 

$

0.54

 

$

(0.41)

 

$

(1.00)

 

 

 

 

 

 

 

 

 

 

Diluted net income (loss) per common share:

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to common stockholders

 

$

46,459

 

$

(8,569)

 

$

(5,541)

Diluted net income (loss) attributable to common stockholders

 

$

46,459

 

$

(8,569)

 

$

(5,541)

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted-average shares used in computing basic net income (loss) per share attributable to common stockholder

 

 

85,722,670

 

 

20,735,202

 

 

5,539,739

Effect of dilutive securities

 

 

13,332,856

 

 

 —

 

 

 —

Weighted-average shares used in computing diluted net income (loss) per share attributable to common stockholders

 

 

99,055,526

 

 

20,735,202

 

 

5,539,739

Diluted net income (loss) per share attributable to common stockholders

 

$

0.47

 

$

(0.41)

 

$

(1.00)

 

Antidilutive securities excluded from computation of earnings per share

 

 

 

 

 

 

 

 

 

Year Ended

 

 

December 31, 

 

 

2020

    

2019

 

2018

Redeemable convertible preferred stock

 

 —

 

 —

 

65,960,205

Options to purchase common stock

 

699,233

 

13,610,441

 

6,025,473

Shares issuable under ESPP

 

70,184

 

 —

 

 —

Warrants to purchase common stock

 

 —

 

122,882

 

60,168

Warrants to purchase convertible preferred stock

 

 —

 

 —

 

260,239

Total potential dilutive shares

 

769,417

 

13,733,323

 

72,306,085