XML 212 R192.htm IDEA: XBRL DOCUMENT

NET LOSS PER SHARE

3 Months Ended

12 Months Ended

Mar. 31, 2021

Dec. 31, 2020

NET LOSS PER SHARE

NET LOSS PER SHARE

11. NET LOSS PER SHARE

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share amounts):

		Three Months Ended March 31,
		2021			2020
Numerator:
Net loss attributable to common stockholders		$	(82,553)		$	(17,471)
Less: Deemed dividend to preferred stockholders (see Note 7)			—			(9,484)
			(82,553)			(26,955)
Denominator:
Weighted-average number of shares outstanding used to compute net loss per share attributable to common stockholders, basic and diluted			12,263,160			9,075,646
Net loss per share attributable to common stockholders, basic and diluted		$	(6.73)		$	(2.97)

The following potentially dilutive shares were not included in the calculation of diluted shares outstanding for the periods presented as the effect would have been anti-dilutive:


		March 31, 2021		March 31, 2020
Convertible preferred stock		175,531,186		175,593,476
Convertible promissory notes		50,434,069		34,054,264
Outstanding stock options		44,914,082		42,591,545
Outstanding common stock warrants		6,001,639		6,001,639
Outstanding convertible preferred stock warrants		44,205,800		38,947,463
Total		321,086,776		297,188,387

16.NET LOSS PER SHARE

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share amounts):


		Year Ended December 31,
		2020			2019
Numerator:
Net loss		$	(156,124)		$	(59,414)
Less: Deemed dividend to preferred stockholders (see Note 11)			(9,484)			(5,353)
Net loss attributable to common stockholders			(165,608)			(64,767)
Denominator:
Weighted-average number of shares outstanding used to compute net loss per share attributable to common stockholders, basic and diluted			9,474,749			10,703,380
Net loss per share attributable to common stockholders, basic and diluted Net loss per share attributable to common stockholders, basic and diluted		$	(17.48)		$	(6.05)

The following potentially dilutive shares were not included in the calculation of diluted shares outstanding for the periods presented as the effect would have been anti-dilutive:


		December 31,
		2020		2019
Convertible preferred stock		175,440,744		191,142,894
Convertible promissory notes		48,730,782		24,157,103
Outstanding stock options		51,379,939		42,846,649
Outstanding common stock warrants		6,001,639		6,001,639
Outstanding convertible preferred stock warrants		44,296,242		29,624,664
Total		325,849,346		293,772,949