Joby Aviation, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share Attributable to Common Stockholders

Net Loss Per Share Attributable to Common Stockholders

9 Months Ended

Sep. 30, 2021

Net Loss Per Share Attributable to Common Stockholders

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 shares of common stock outstanding for the period. Because the Company reported a net loss for the three and nine months ended September 30, 2021 and September 30, 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):


	Three Months Ended September 30,						Nine Months Ended September 30,
	2021			2020			2021			2020
Numerator:
Net loss attributable to common stockholders	$	(78,858	)	$	(28,028	)	$	(185,369	)	$	(80,265	)
Denominator:
Weighted-average shares outstanding		385,560,732			104,760,660			203,536,351			102,103,326
Net loss per share attributable to common stockholders, basic and diluted	$	(0.20	)	$	(0.27	)	$	(0.91	)	$	(0.79	)

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:


	September 30,		December 31,
	2021		2020
Redeemable convertible preferred stock		—		332,764,215
Common stock warrants		28,783,333		758,515
Unvested restricted stock awards		596,366		547,101
Unvested restricted stock units		10,154,074		—
Options to purchase common stock		21,787,984		24,576,859
Earnout shares		17,130,000		—
Total		78,451,757		358,646,690