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NET LOSS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Loss Per Share
The following table presents the calculation of basic and diluted net loss per share for the Company’s common stock:
 
    
2021
    
2020
 
Numerator:
     
Net Loss
   $ (64,851    $ (23,427
  
 
 
    
 
 
 
Numerator for Basic and Dilutive EPS—Loss available to common stockholders
  
$
(64,851
  
$
(23,427
  
 
 
    
 
 
 
Denominator:
     
Common Stock
     3,690,523        1,523,096  
  
 
 
    
 
 
 
Denominator for Basic and Dilutive EPS—Weighted-average common stock
  
 
3,690,523
 
  
 
1,523,096
 
  
 
 
    
 
 
 
Basic and dilutive loss per share
  
$
(17.57
  
$
(15.38
Schedule of Anti-dilutive Common Equivalent Shares Anti-dilutive common equivalent shares were as follows:
    
2021
    
2020
 
Outstanding options to purchase common stock
     7,522,136        1,903,479  
Outstanding Legacy Hyperfine convertible preferred stock (Series A through D)
     —          31,116,056  
Outstanding RSUs
     117,516        —    
Earn-Out
Shares
     10,000,000        —    
  
 
 
    
 
 
 
Total anti-dilutive common equivalent shares
  
 
17,639,652
 
  
 
33,019,535