Earnings (loss) per share

12 Months Ended

Dec. 31, 2021

Note 16. Earnings (loss) per share


	Year ended December 31,
	2021			2020			2019
Net loss (in thousands)	$	(106,589	)	$	(15,924	)	$	(13,495	)
Weighted average shares outstanding for calculating basic and diluted loss per share		86,043,051			68,810,533			62,043,383
Basic and diluted loss per share	$	(1.24	)	$	(0.23	)	$	(0.22	)

For purposes of computing diluted loss per share, weighted average common shares outstanding do not include potentially dilutive securities that are anti-dilutive, as shown below.


	As of December 31,
	2021		2020		2019
Anti-dilutive securities excluded from calculating dilutive loss per share:
Shares of common stock issuable under stock option plans outstanding		7,538,265		8,524,997		8,081,738
Shares of common stock issuable upon vesting of restricted stock units		5,141,469		14,121,666		5,249,324
Potential common shares excluded from diluted net loss per share calculation		12,679,734		22,646,663		13,331,062

All share and per share amounts in the table above have been adjusted for an approximately 8.25-for-1 forward stock split which took effect on April 28, 2021.