| Components of Basic and Diluted EPS Computations |
The following tables summarize the components of the basic and diluted EPS computations (in thousands, except per share amounts):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
|
|
2023 |
|
|
2022 |
|
|
2021 |
|
EPS — basic and diluted: |
|
|
|
|
|
|
|
|
|
Net loss (numerator) |
|
$ |
(11,938 |
) |
|
$ |
(87,400 |
) |
|
$ |
(80,926 |
) |
Weighted average common shares (denominator) |
|
|
267,014 |
|
|
|
257,092 |
|
|
|
249,244 |
|
Net loss per share |
|
$ |
(0.04 |
) |
|
$ |
(0.34 |
) |
|
$ |
(0.32 |
) |
|
| Potential Dilutive Securities Outstanding that are Considered Antidilutive |
Potentially dilutive securities outstanding which were considered antidilutive are summarized as follows (in shares):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
|
|
2023 |
|
|
2022 |
|
|
2021 |
|
Senior convertible notes |
|
|
44,120,463 |
|
|
|
44,120,463 |
|
|
|
44,120,463 |
|
RSUs and Market RSUs(1) |
|
|
7,855,144 |
|
|
|
18,886,710 |
|
|
|
7,609,025 |
|
Common stock options and PNQs |
|
|
8,400,611 |
|
|
|
9,074,587 |
|
|
|
10,655,146 |
|
Mann Group convertible notes |
|
|
3,370,000 |
|
|
|
3,370,000 |
|
|
|
7,370,000 |
|
Employee stock purchase plan |
|
|
— |
|
|
|
— |
|
|
|
243,375 |
|
Total shares |
|
|
63,746,218 |
|
|
|
75,451,760 |
|
|
|
69,998,009 |
|
_________________________
|
|
(1) |
Market RSUs issued in 2021, 2022, and 2023 are included at the share delivery of 0%, 140%, and 0%, respectively, in accordance with a valuation assessment obtained as of December 31, 2023. |
|