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

3 Months Ended

Mar. 31, 2022

Net Loss per Share Attributable to Common Stockholders

Note 11. 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 three months ended March 31, 2022 and 2021, 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 March 31,
	2022			2021
Numerator:
Net loss attributable to common stockholders	$	(62,319	)	$	(41,505	)
Denominator:
Weighted-average shares outstanding		579,090,606			111,012,510
Net loss per share attributable to common stockholders, basic and diluted	$	(0.11	)	$	(0.37	)

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:


	March 31, 2022		March 31, 2021
Common stock warrants		28,783,333		758,516
Unvested restricted stock units		18,964,922		7,057,151
Unvested early exercised common stock options		6,266,063		9,258,073
Options to purchase common stock and unvested restricted stock awards		22,622,456		19,139,789
Earnout Shares		17,130,000		—
Redeemable convertible preferred stock		—		341,688,225
Total		93,766,774		377,901,754