XML 28 R11.htm IDEA: XBRL DOCUMENT v3.22.4
LOSS PER SHARE
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
LOSS PER SHARE LOSS PER SHARE
The following table presents the calculation of basic and diluted net loss per share attributable to common shareholders for the years ended December 31, 2022 and 2021 (in thousands, except per share data):
20222021
Net loss attributable to common stockholders$(77,969)$(477,177)
Weighted-average shares outstanding – basic and diluted152,676,155 83,256,431 
Net loss per share – basic and diluted$(0.51)$(5.73)
Due to the net losses for the years ended December 31, 2022 and 2021, basic and diluted net loss per common share were the same, as the effect of potentially dilutive securities would have been anti-dilutive.
The following outstanding balances of common share equivalent securities have been excluded from the calculation of diluted weighted-average common shares outstanding because the effect is anti-dilutive for the periods presented:
20222021
Stock options3,223,109 3,796,530 
Restricted stock units6,346,955 3,392,153 
Warrants11,473,727 11,461,247 
Earnout shares pending satisfaction of regulatory holding period— 6,707,318 
Number of securities outstanding21,043,791 25,357,248