Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share

v3.22.1
Net Loss Per Share
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Net Loss Per Share

19. NET LOSS PER SHARE

The following table sets forth the calculation of basic and diluted net loss per share during the period presented (in thousands, except share and per share data):

 

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

Net loss

 

$

(13,172

)

 

$

(10,358

)

Weighted average shares used to compute net loss per common share, basic and diluted

 

 

42,247,518

 

 

 

30,364,943

 

Net loss per common share, basic and diluted

 

$

(0.31

)

 

$

(0.34

)

 

The Company generated a net loss for each of the three months ended March 31, 2022 and 2021. Accordingly, the effect of dilutive securities is not considered in the net loss per share for such periods because their effect would be anti-dilutive on the net loss per share.

For the three months ended March 31, 2022, the weighted average number of outstanding shares of common stock equivalents, which were excluded from the calculation of the diluted net loss per share as their effect would be anti-dilutive, was 9,854,005, and 12,704,582 for the three months ended March 31, 2021.