Joby Aviation, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Net Loss Per Share Attributable to Common Stockholders

Net Loss Per Share Attributable to Common Stockholders

12 Months Ended

Dec. 31, 2021

Net Loss Per Share Attributable to Common Stockholders

Note 16. 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 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):


	Year Ended December 31,
	2021			2020
Numerator:
Net loss attributable to common stockholders	$	(180,324	)	$	(114,164	)
Denominator:
Weighted-average shares outstanding		294,851,732			103,946,993
Net loss per share attributable to common stockholders, basic and diluted	$	(0.61	)	$	(1.10	)

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:


	Year Ended December 31,
	2021		2020
Redeemable convertible preferred stock		—		332,764,215
Common stock warrants		28,783,333		758,515
Unvested restricted stock awards		3,029,781		547,101
Unvested restricted stock units		10,032,870		—
Unvested early exercised common stock options		6,454,354		9,393,779
Options to purchase common stock		20,807,198		24,576,859
Earnout Shares		17,130,000		—
Total		86,237,536		368,040,469