Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

BASIC AND DILUTED NET LOSS PER SHARE

v3.22.4
BASIC AND DILUTED NET LOSS PER SHARE
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
BASIC AND DILUTED NET LOSS PER SHARE
NOTE 14:-
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,
 
   
2022
   
2021
   
2020
 
                   
Numerator:
                 
                   
Net loss
 
$
(126,872
)
 
$
(153,559
)
 
$
(81,511
)
Preferred share accrued cumulative dividend rights
    -
 
    (5,044
)
    (17,473
)
                         
Total loss attributable to ordinary shares
 
$
(126,872
)
 
$
(158,603
)
 
$
(98,984
)
                         
Denominator:
                       
 
                       
      135,224,312       102,859,891       16,514,910  
 

The following potential ordinary shares have been excluded from the calculation of diluted net loss per share for the period presented due to their anti-dilutive effect:

 
  a.

16,231,141 warrants, 2,402,178 sponsors earnout shares, 21,389,575 outstanding options to purchase Ordinary Shares and unvested RSUs as of December 31, 2022.

     
  b.
16,231,241 warrants, 2,402,178 sponsors earnout shares, 20,147,947 outstanding options to purchase Ordinary Shares and unvested RSUs as of December 31, 2021 (in addition to 70,618,999 underlying the Company’s Preferred Shares that were outstanding prior to April 5, 2021).

 

  c.
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.