Annual report pursuant to Section 13 and 15(d)

Net Loss Per Share (Tables)

v3.22.1
Net Loss Per Share (Tables)
12 Months Ended
Jan. 02, 2022
Earnings Per Share [Abstract]  
Reconciliation of net loss per common share

The following table sets forth the computation of the Company’s basic and diluted net loss per share of common stock for the periods presented below (in thousands, except share and per share amount):

 

 

 

Fiscal Years

 

 

 

2021

 

 

2020

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

Net loss attributable to common stockholders - basic and diluted

 

$

(125,874

)

 

$

(39,650

)

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

Weighted-average shares outstanding used in computing net loss per share of common stock, basic and diluted

 

 

117,218,893

 

 

 

80,367,324

 

 

 

 

 

 

 

 

Net loss per share of common stock:

 

 

 

 

 

 

Basic and diluted

 

$

(1.07

)

 

$

(0.49

)

 

Schedule of anti-dilutive securities excluded from computation of diluted earning per share As the Company reported losses for the periods presented, all of these potentially dilutive securities were anti-dilutive and are excluded in the computation of diluted net loss per share. Accordingly, the diluted net loss per share equals to the basic net loss per share.

 

 

 

As of

 

 

 

January 2,
2022

 

 

December 31,
2020

 

Stock options outstanding

 

 

5,753,005

 

 

 

1,428,980

 

Restricted stock units

 

 

535,449

 

 

 

 

Private Placement Warrants

 

 

6,000,000

 

 

 

 

Public Warrants

 

 

4,322,106

 

 

 

 

Employee stock purchase plan estimated shares

 

 

47,379