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Net Income (Loss) Per Share
 9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Net Earnings (Loss) Per Share

10. Net Income (Loss) Per Share

The numerators and denominators of the basic and diluted net income (loss) per share computations for the Company's common stock are calculated as follows for the three and nine months ended September 30, 2021 and 2020 (in thousands, except share data):

 

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

 

Class A

 

 

Class B

 

 

 

 

 

Class A

 

 

 

Class B

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to common
   stockholders

 

$

(9,202

)

 

$

(15,601

)

 

$

3,159

 

 

$

(13,064

)

 

 

$

(38,806

)

 

$

(28,762

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average number of shares of common
   stock - basic

 

 

57,516,336

 

 

 

97,521,575

 

 

 

21,742,708

 

 

 

28,982,025

 

 

 

 

86,093,005

 

 

 

21,437,785

 

Dilutive effect of convertible preferred stock
   series Seed I, Seed II, A, B, C, D, E, and E1

 

 

-

 

 

 

-

 

 

 

112,056,011

 

 

 

-

 

 

 

 

-

 

 

 

-

 

Dilutive effect of assumed conversion of options
   to purchase common stock

 

 

-

 

 

 

-

 

 

 

5,299,908

 

 

 

-

 

 

 

 

-

 

 

 

-

 

Dilutive effect of assumed conversion of
   restricted stock awards and units

 

 

-

 

 

 

-

 

 

 

142,060

 

 

 

-

 

 

 

 

-

 

 

 

-

 

Weighted-average number of shares of common
   stock - diluted

 

 

57,516,336

 

 

 

97,521,575

 

 

 

139,240,687

 

 

 

28,982,025

 

 

-

 

 

86,093,005

 

 

 

21,437,785

 

Net income (loss) per share attributable to
   common stockholders - basic

 

$

(0.16

)

 

$

(0.16

)

 

$

0.15

 

 

$

(0.45

)

 

 

$

(0.45

)

 

$

(1.34

)

Net income (loss) per share attributable to
   common stockholders - diluted

 

$

(0.16

)

 

$

(0.16

)

 

$

0.02

 

 

$

(0.45

)

 

 

$

(0.45

)

 

$

(1.34

)

 

The following table presents the total weighted-average number of potentially dilutive shares that were excluded from the computation of diluted net loss per share attributable to common stockholders because their effect would have been anti-dilutive for the period presented:

 

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Convertible Preferred Stock Series Seed I, Seed II,
   A, B, C, D, E and E1

 

 

-

 

 

 

-

 

 

 

-

 

 

 

111,106,946

 

Unvested RSAs and RSUs

 

 

281,082

 

 

 

-

 

 

 

381,656

 

 

 

321,609

 

Stock options not subject to performance
   conditions

 

 

7,440,345

 

 

 

-

 

 

 

7,950,194

 

 

 

5,653,104