| NET LOSS PER SHARE |
NET LOSS PER SHARE The following table sets forth the computation of the basic and diluted net loss per share attributable to common stockholders for the three and six months ended June 30, 2024 and 2023: | | | | | | | | | | | | | | | | | | | | | | | | | | (in thousands, except share and per share data) | Three Months Ended June 30, 2024 | | Six Months Ended June 30, | | | 2024 | | 2023 | | 2024 | | 2023 | | | Numerator: | | | | | | | | | | Net loss | $ | (25,512) | | | $ | (14,608) | | | $ | (44,970) | | | $ | (27,523) | | | | Cumulative dividends allocated to preferred stockholders | (3,937) | | | (2,686) | | | (7,742) | | | (5,164) | | | | Net loss attributable to common stockholders, basic and diluted | $ | (29,449) | | | $ | (17,294) | | | $ | (52,712) | | $ | — | | $ | (32,687) | | | | Denominator: | | | | | | | | | | Weighted average shares outstanding, basic and diluted | 80,722,160 | | | 77,197,805 | | | 79,595,320 | | | 76,774,455 | | | | Basic and diluted net loss per share | $ | (0.36) | | | $ | (0.22) | | | $ | (0.66) | | | $ | (0.43) | | |
The following table presents the potential common shares outstanding that were excluded from the computation of diluted net loss per share of common stock as of the periods presented because including them would be anti-dilutive:
| | | | | | | | | | | | | June 30, | | 2024 | | 2023 | | Common stock warrants | 1,677,000 | | | 1,507,500 | | | Outstanding earn-out shares | 8,913,333 | | | 7,780,000 | | | Consolid earn-out shares | 400,000 | | | 400,000 | | | Skypass earn-out shares | 1,800,000 | | | — | | | Purplegrids earn-out shares | 2,542,857 | | | — | | | Restricted stock units | 2,923,802 | | | 536,906 | | | ESPP shares | — | | | 556 | | | Potential common shares excluded from diluted net loss per share | 18,256,992 | | | 10,224,962 | |
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