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Net Loss Per Share (Tables)

12 Months Ended

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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- References

No definition available.

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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

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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

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