Post-effective amendment to a registration statement that is not immediately effective upon filing

Basic and Diluted Net Loss Per Share

v3.21.2
Basic and Diluted Net Loss Per Share
 6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Earnings Per Share [Abstract]    
Basic and Diluted Net Loss Per Share
NOTE 7:- BASIC AND DILUTED NET LOSS PER SHARE
The following table sets forth the computation of the net loss per share for the period presented:
 
    
Six Months Ended June 30
    
Three Months Ended June 30
  
    
2020
    
2021
    
2020
    
2021
  
    
(Unaudited)
   
(Unaudited)
   
(Unaudited)
   
(Unaudited)
 
Numerator:
                                    
Net loss
    $ (33,511 )     $ (93,210 )     $ (13,742 )     $ (72,534 ) 
Preferred share accrued cumulative dividend rights
      (8,386 )       (5,044 )      (4,206 )       (228 )
    
 
 
    
 
 
    
 
 
    
 
 
  
Total loss attributable to ordinary shares
    $ (41,897 )     $ (98,254 )     $ (17,948 )     $ (72,762 ) 
Denominator:
      18,614,903        71,458,394        18,701,229        125,188,537  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
The following potentially dilutive ordinary share equivalents have been excluded from the calculation of diluted net loss per share for the period presented due to their anti-dilutive effect:
 
 
a.
For the three and six months ended June 30, 2021 (unaudited),
20,418,209
Convertible Preferred A Shares,
15,906,053
Convertible Preferred B Shares,
3,032,940
Convertible Preferred
B-1
Shares,
28,216,005
Convertible Preferred C Shares,
3,045,792
Convertible Preferred
C-1
Shares,
7,499,991
public warrants,
8,731,250
private warrants,
2,789,625
unvested restricted shares and
14,411,231
options outstanding to purchase ordinary shares.

  b.
For the
three
and
six months ended June 30
, 2020
 (unaudited),
20,418,209
Convert
i
ble
 
Preferred A Shares, 15,906,053
Convertible
Preferred B Shares, 3,032,940
Convert
i
ble
 
Preferred
B-1
Shares, 28,216,005
Convert
i
ble
 
Preferred C Shares and 9,306,970 options outstanding to purchase
o
rdinary
s
hares
.
NOTE 13:- BASIC AND DILUTED NET LOSS PER SHARE
The following table sets forth the computation of the net loss per share for the period presented:
 
    
Year ended December 31,
  
    
2020
     
2019
     
2018
  
Numerator:
                           
Net loss
    $ (81,511 )     $ (67,301 )     $ (56,400 ) 
Preferred share accrued cumulative dividend rights
      (17,473 )       (13,664 )       (5,795 ) 
    
 
 
     
 
 
     
 
 
  
Total loss attributable to ordinary shares
    $ (98,984 )     $ (80,965 )     $ (62,195 ) 
    
 
 
     
 
 
     
 
 
  
Denominator:
                           
       16,514,910        15,524,845        15,039,814  
    
 
 
     
 
 
     
 
 
  
The following potentially dilutive ordinary share equivalents have been excluded from the calculation of diluted net loss per share for the period presented due to their anti-dilutive effect:
 
  a.
20,418,209 Preferred A Shares, 15,906,053 Preferred B Shares, 3,032,940 Preferred
B-1
Shares, 28,216,005 Preferred C Shares, 2,699,114 Preferred
C-1
Shares and 8,470,758 options outstanding to purchase Ordinary Shares as of December 31, 2020.
 
  b.
20,418,209 Preferred A Shares, 15,906,053 Preferred B Shares, 3,032,940 Preferred
B-1
Shares, 28,216,005 Preferred C Shares and 7,834,282 options outstanding to purchase Ordinary Shares as of December 31, 2019.
 
  c.
20,418,209 Preferred A Shares, 15,906,053 Preferred B Shares, 3,032,940 Preferred
B-1
Shares and 6,998,647 options outstanding to purchase Ordinary Shares as of December 31, 2018.