Joby Aviation, Inc. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

Net Loss per Share Attributable to Common Stockholders

Net Loss per Share Attributable to Common Stockholders

6 Months Ended

12 Months Ended

Jun. 30, 2021

Dec. 31, 2020

Earnings Per Share [Abstract]

Net Loss per Share Attributable to Common Stockholders

Note 15. Net Loss per Share Attributable to Common Stockholders

Basic net loss per share is computed by dividing the net loss by the weighted-average number of common shares outstanding for the period. Because the Company reported a net loss for the six months ended in June 30, 2021 and 2020, the number of shares used to calculate diluted net loss per common share is the same as the number of shares used to calculate basic net loss per common share for those periods presented because the potentially dilutive shares would have been antidilutive if included in the calculation.

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share data):


	Six Months Ended June 30,
	2021			2020
Numerator:
Net loss attributable to common stockholders	$	(106,511	)	$	(52,237	)

Denominator:
Weighted-average shares outstanding		32,239,448			29,040,833

Net loss per share attributable to common stockholders, basic and diluted	$	(3.30	)	$	(1.80	)

The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented because including them would have been antidilutive:


	As at June 30,
	2021		2020
Redeemable convertible preferred stock		99,608,293		96,252,623
Common stock warrants		219,402		219,402
Unvested restricted stock awards		146,250		170,250
Unvested restricted stock units		2,966,408		—
Options to purchase common stock		6,575,686		5,268,106
Series C redeemable convertible preferred stock warrants		19,857		—

Total		109,535,896		101,910,381

Note 14. Net Loss per Share Attributable to Common Stockholders

Basic net loss per share is computed by dividing the net loss by the weighted-average number of common shares outstanding for the period. Because the Company reported a net loss for 2020 and 2019, the number of shares used to calculate diluted net loss per common share is the same as the number of shares used to calculate basic net loss per common share for those periods presented because the potentially dilutive shares would have been antidilutive if included in the calculation.

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share data):


	Year Ended December 31, 2020			Year Ended December 31, 2019
Numerator:
Net loss attributable to common stockholders	$	(114,164	)	$	(110,349	)

Denominator:
Weighted-average shares outstanding		30,066,847			26,839,662

Net loss per share attributable to common stockholders, basic and diluted	$	(3.80	)	$	(4.11	)


	Year Ended December 31, 2020		Year Ended December 31, 2019
Redeemable convertible preferred stock		96,252,623		92,613,015
Common stock warrants		219,402		219,402
Unvested restricted stock awards		158,250		182,250
Options to purchase common stock		7,108,899		3,937,765

Total		103,739,174		96,952,432