Annual report pursuant to Section 13 and 15(d)

Net Income (Loss) Per Share Attributable to Common Stockholders

v3.23.1
Net Income (Loss) Per Share Attributable to Common Stockholders
12 Months Ended
Jan. 31, 2023
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share Attributable to Common Stockholders
13.
Net Income (Loss) Per Share Attributable to Common Stockholders

The Company computes basic earnings (loss) per share (“EPS") by dividing net income or loss available to common stockholders by the weighted average number of common shares outstanding for the reporting period. Diluted EPS is computed similarly to basic net earnings per shares, except that it reflects the effect of potential shares that would be issued if stock option awards, restricted stock units, convertible notes, warrants and preferred shares, to the extent issued, were converted into or exercised for common stock, to the extent dilutive.

The following table summarizes the computation of basic and diluted net loss per share attributable to common stockholders:

 

 

 

Fiscal Year Ended January 31,

 

 

 

2023

 

 

2022

 

Numerator: Net loss

 

$

(111,010

)

 

$

(242,647

)

Denominator: Basic and Diluted Weighted-average shares in computing net loss per share attributable to common stockholders

 

 

104,049

 

 

 

79,953

 

Net loss attributable to common stockholders—basic and diluted

 

$

(1.07

)

 

$

(3.03

)

 

Since the Company was in a net loss position for all periods presented, diluted net loss per share attributable to common stockholders will be the same as the basic net loss per share, as, in a net loss position, the inclusion of all potential common shares outstanding would be antidilutive. The potential shares of common stock excluded from the computation of diluted net loss per share for the periods presented due to their antidilutive impacts are as follows:

 

 

 

As of January 31, 2023

 

 

As of January 31, 2022

 

Shares of common stock issuable from stock options

 

 

530

 

 

 

1,317

 

Unvested RSUs

 

 

4,361

 

 

 

10,638

 

Convertible notes

 

 

3,873

 

 

 

 

Warrants

 

 

8,606

 

 

 

8,606

 

Potential common shares excluded from diluted net loss per share

 

 

17,370

 

 

 

20,561