Rodgers Silicon Valley Acquisition Corp. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Net Loss per Share (Tables)

Net Loss per Share (Tables)

12 Months Ended

Jan. 01, 2023

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


	Fiscal Years
		2022		2021		2020

Numerator:
Net loss attributable to common stockholders - basic		$	(51,622)	$	(125,874)	$	(39,650)
Decrease in fair value of Private Placement Warrants		(75,180)		—		—
Net loss attributable to common stockholders - diluted		$	(126,802)	$	(125,874)	$	(39,650)

Denominator:
Weighted-average shares outstanding used in computing net loss per share of common stock, basic		152,918,287		117,218,893		80,367,324
Dilutive effect of Private Placement Warrants		1,231,080		—		—
Weighted-average shares outstanding used in computing net loss per share of common stock, diluted		154,149,367		117,218,893		80,367,324

Net loss per share of common stock:
Basic		$	(0.34)	$	(1.07)	$	(0.49)
Diluted		$	(0.82)	$	(1.07)	$	(0.49)

Schedule of Anti-Dilutive Securities Excluded From Computation of Diluted Loss Per Share

As the Company reported net loss for the periods presented above, these potentially dilutive securities were anti-dilutive and were excluded in the computation of diluted net loss per share. The following table discloses shares of the securities that were not included in the diluted EPS calculation above because they were anti-dilutive for the periods presented above.


	Fiscal Years
		2022	2021	2020
Stock options outstanding		5,034,282	5,753,005	1,428,980
Restricted stock units and performance restricted stock units outstanding		7,371,158	535,449	—
Private Placement Warrants outstanding		—	6,000,000	—
Public Warrants outstanding		—	4,322,106	—
Employee stock purchase plan estimated shares		349,988	47,379	—