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Net Loss Per Share (Tables) | 12 Months Ended
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Dec. 31, 2021
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share | The following table presents the calculation of basic and diluted net loss per share for Class A and Class B common stock. No shares of Class C common stock were issued and outstanding during the periods presented.
| Year Ended December 31,
| 2021 |  | 2020 |  | 2019
| Class A Common |  | Class B Common |  | Class A Common |  | Class B Common |  | Class A Common |  | Class B Common
| (In thousands, except per share data)
Numerator: |  |  |  |  |  |  |  |  |  |  |
Net loss attributable to Blend Labs, Inc. | $ | (151,901) |  |  | $ | (18,012) |  |  | $ | (50,131) |  |  | $ | (24,486) |  |  | $ | (48,750) |  |  | $ | (32,702) |
Less: accretion of RNCI to redemption value | (1,323) |  |  | (107) |  |  | — |  |  | — |  |  | — |  |  | — |
Net loss attributable to Blend Labs, Inc. common stockholders | $ | (153,224) |  |  | $ | (18,119) |  |  | $ | (50,131) |  |  | $ | (24,486) |  |  | $ | (48,750) |  |  | $ | (32,702) |
Denominator: |  |  |  |  |  |  |  |  |  |  |
Weighted average common stock outstanding, basic and diluted | 117,994 |  |  | 13,991 |  |  | 26,475 |  |  | 12,932 |  |  | 19,617 |  |  | 13,159 |
Net loss per share attributable to Blend Labs, Inc.: |  |  |  |  |  |  |  |  |  |  |
Basic and diluted | $ | (1.30) |  |  | $ | (1.30) |  |  | $ | (1.89) |  |  | $ | (1.89) |  |  | $ | (2.49) |  |  | $ | (2.49) |
Schedule of Antidilutive Securities | The following potential shares of common stock were excluded from the computation of diluted net earnings per share attributable to the Company for the periods presented because including them would have been antidilutive as the Company has reported net loss for each of the periods presented:
| As of December 31, |  |
| 2021 |  | 2020 |  | 2019 |  |
| (In thousands)
Outstanding stock options | 31,675 |  |  | 33,750 |  |  | 35,209 |  |  |
Early exercised options subject to repurchase | 1,820 |  |  | 162 |  |  | 223 |  |  |
Options exercised via promissory note | — |  |  | 4,000 |  |  | 4,000 |  |  |
Non-plan Co-Founder and Head of Blend options | 26,057 |  |  | — |  |  | — |  |  |
Unvested restricted stock units | 2,589 |  |  | — |  |  | — |  |  |
Common stock warrants | 598 |  |  | — |  |  | 2,807 |  |  |
Convertible Preferred Stock warrants | — |  |  | 5,461 |  |  | 6,008 |  |  |
Founders Convertible Preferred Stock | — |  |  | 1,026 |  |  | 1,026 |  |  |
Convertible Preferred Stock | — |  |  | 121,353 |  |  | 110,898 |  |  |
Total antidilutive securities | 62,739 |  |  | 165,752 |  |  | 160,171 |  |  |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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