General form of registration statement for all companies including face-amount certificate companies

Net Loss per Share

v3.21.2
Net Loss per Share
 6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Earnings Per Share [Abstract]    
Net Loss per Share
 
11.
Net Loss per Share
The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders:
 
                                                         
    
Six Months Ended June 30,
  
    
2021
     
2020
  
Numerator:
                  
Net loss
   
$
(46,560
) 
   
$
(14,716
) 
    
 
 
     
 
 
  
Denominator:
                  
Weighted-average shares used in computing basic and diluted net loss per share
   
 
10,663,811
 
   
 
10,319,534
 
    
 
 
     
 
 
  
Basic and diluted net loss per share
   
$
(4.37
) 
   
$
(1.43
) 
    
 
 
     
 
 
  
The Company’s potential dilutive securities have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share. Therefore, the weighted-average number of common shares outstanding used to calculate both basic and diluted net loss per share is the same. The Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share for the six months ended June 30, because including them would have had an anti-dilutive effect:
 
                                                             
    
June 30,
  
    
2021
     
2020
  
Convertible preferred stock
(if-converted)
   
 
25,134,067
 
   
 
25,047,938
 
Warrants for the purchase of Series C convertible preferred stock
(if-converted)
   
 
—  
 
   
 
86,129
 
Warrants for the purchase of common stock
   
 
1,397,173
 
   
 
298,459
 
Convertible notes
(if-converted)
   
 
21,704,588
 
   
 
20,324,906
 
Stock options to purchase common stock
   
 
12,419,331
 
   
 
7,539,373
 
    
 
 
     
 
 
  
    
 
60,655,159
 
   
 
53,296,805
 
    
 
 
     
 
 
  
15.
Net Loss per Share
The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders:
 
 
  
Year Ended

December 31,
 
 
  
2020
 
  
2019
 
Numerator:
  
  
Net loss
  
$
(32,504
) 
  
$
(32,319
) 
  
 
 
 
  
 
 
 
Denominator:
  
  
Weighted-average shares used in computing basic and diluted net loss per share
  
 
10,323,839
 
  
 
10,306,255
 
  
 
 
 
  
 
 
 
Basic and diluted net loss per share
  
$
(3.15
) 
  
$
(3.14
) 
  
 
 
 
  
 
 
 
The Company’s potential dilutive securities have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share. Therefore, the weighted-average number of common shares outstanding used to calculate both basic and diluted net loss per share is the same. The Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share for the years ended December 31, because including them would have had an anti-dilutive effect:
    
Year Ended

December 31,
  
    
2020
     
2019
  
Convertible preferred stock (if-converted)
      25,047,938        25,047,938  
Warrants for the purchase of Series C convertible preferred stock (if-converted)
      86,129        86,129  
Warrants for the purchase of common stock
      1,364,761        266,047  
Convertible notes (if-converted)
      20,060,646        19,820,736  
Stock options to purchase common stock
      10,762,690        8,281,881  
    
 
 
     
 
 
  
       57,322,164        53,502,731