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NET LOSS PER SHARE (Tables) | 3 Months Ended
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Mar. 31, 2023
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:
|  | Three Months Ended March 31, |
|  | 2023 |  |  | 2022 |
Numerator: |  |  |  |  |  |
Net Loss |  | $ | (12,160 | ) |  | $ | (23,775 | )
Numerator for Basic and Dilutive EPS – Loss available to common stockholders |  | $ | (12,160 | ) |  | $ | (23,775 | )
Denominator: |  |  |  |  |  |
Common Stock |  |  | 70,864,226 |  |  |  | 70,332,349 |
Denominator for Basic and Dilutive EPS - Weighted-average common stock |  |  | 70,864,226 |  |  |  | 70,332,349 |
Basic and dilutive net loss per share |  | $ | (0.17 | ) |  | $ | (0.34 | )
Schedule of Anti-dilutive Common Equivalent Shares | Anti-dilutive common equivalent shares were as follows:
|  | Three Months Ended March 31, |
|  | 2023 |  |  | 2022 |
Outstanding options to purchase common stock |  |  | 13,297,988 |  |  |  | 11,482,461 |
Outstanding RSUs |  |  | 1,151,596 |  |  |  | 1,778,051 |
Earn-Out Shares (1) |  |  | 9,400,616 |  |  |  | 10,000,000 |
Total anti-dilutive common equivalent shares |  |  | 23,850,200 |  |  |  | 23,260,512 |
_________________________ (1) The Company will issue to holders of Legacy Hyperfine and Liminal securities as of immediately prior to the effective time of the Mergers, in accordance with their pro rata share, up to 10,000,000 shares of Class A common stock as earn-out consideration (the “Earn-Out Shares”) net of forfeitures, if at any time during the period between the Closing Date of December 22, 2021 and the third anniversary of the Closing Date (the “Earn-Out Period”), (i) the last share price of the Class A common stock is greater than or equal to $15.00 for any 20 trading days within any 30 consecutive trading day period, or (ii) there is a transaction that will result in shares of Class A common stock being converted or exchanged into the right to receive cash or other consideration having a value greater than or equal to $15.00. During the Earn-Out Period, if there is a transaction (other than for stock splits, stock dividends, special cash dividends, reorganizations, recapitalizations or similar transactions affecting the Class A common stock) that will result in the shares of Class A common stock being converted or exchanged into the right to receive cash or other consideration having a value less than $15.00, then the right to receive Earn-Out Shares will terminate.

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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 https://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 https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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