XML 30 R19.htm IDEA: XBRL DOCUMENT v3.25.1
Net Loss Per Share
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Net Loss Per Share

Note 13.  Net Loss Per Share

Basic net loss per share is computed by dividing net loss by the weighted average number of common shares outstanding for the period. Diluted net loss per share is computed by dividing net loss, as adjusted for changes in fair value recognized in earnings from equity contracts classified as liabilities, by the weighted average number of common shares outstanding and, when dilutive, common share equivalents from outstanding stock options and restricted stock units (using the treasury-stock method). The weighted-average number of common shares used in the computation of basic and diluted net loss per share were as follows:

Three Months Ended March 31, 

(in thousands, except share and per share amounts)

   

2025

   

2024

Numerator:

  

  

Net loss attributable to common stockholders - basic

$

(12,432)

$

(15,557)

Denominator:

Weighted average shares of common stock outstanding - basic and diluted

 

329,334,434

 

318,790,719

Net loss per share attributable to common stockholders - basic and diluted

$

(0.04)

$

(0.05)

 

The number of common stock equivalents excluded from the computation of diluted net loss per share because either the effect would have been anti-dilutive, or the performance criteria related to such shares and awards had not been met, were as follows:

As of March 31, 

2025

2024

Escrowed earn-out shares

27,690,978

27,690,978

Options to purchase common stock

5,997,166

12,381,133

Public warrants

9,199,947

9,199,947

Sponsor Earn-Out Shares

5,520,000

5,520,000

Private warrants

5,013,333

5,013,333

Unvested RSUs

13,624,859

16,525,573

Unvested PSUs

2,692,967

6,812,398

Earn-out Restricted Shares

763,193

908,700

Unvested RSAs

159,116

551,774

Total

70,661,559

84,603,836