Post-effective amendment to a registration statement that is not immediately effective upon filing

NET LOSS PER SHARE (Tables)

v3.21.2
NET LOSS PER SHARE (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Schedule of basic and diluted net loss per share
           
    For the Three     For the Six  
    Months Ended     Months Ended  
    June 30,
2021		     June 30,
2021		  
Common stock subject to possible redemption                
Numerator: Net income allocable to common stock subject to possible redemption amortized interest income on marketable securities held in trust   $ 3,151     $ 11,723  
Less: interest available to be withdrawn for payment of taxes     (3,151 )     (11,723 )
Net income allocable to common stock subject to possible redemption   $ -     $ -  
Denominator: Weighted average redeemable common stock, basic and diluted     9,822,956       9,673,135  
Basic and diluted net income per share, redeemable common stock   $ 0.00     $ 0.00  
                 
Non-redeemable common stock                
Numerator: Net loss minus redeemable net earnings                
Net loss   $ (7,705,427 )   $ (4,662,223 )
Redeemable net earnings     -       -  
Non-redeemable net loss   $ (7,705,427 )   $ (4,662,223 )
Denominator: Weighted average non-redeemable common stock, basic and diluted     5,097,044       5,246,865  
    Basic and diluted net loss per share, common stock   $ (1.51 )   $ (0.89 )
       
    For the Period from  
    August 20,
2020 (Inception)		  
    through December 31,
2020		  
Common stock subject to possible redemption        
Numerator: Net income allocable to common stock subject to possible redemption Amortized Interest income on marketable securities held in trust   $ 7,960  
Less: interest available to be withdrawn for payment of taxes     (7,960 )
Net income allocable to common stock subject to possible redemption   $

—

  
Denominator: Weighted Average Redeemable common stock Redeemable Common Stock, Basic and Diluted     3,399,685  
Basic and Diluted net income per share, Redeemable Common Stock   $ 0.00  
         
Non-Redeemable Common Stock        
Numerator: Net Income minus Redeemable Net Earnings        
Net Income   $ 4,092,424  
Redeemable Net Earnings    

—

  
Non-Redeemable Net Income   $ 4,092,424  
Denominator: Weighted Average Non-Redeemable Common Stock Basic and diluted weighted average shares outstanding, common stock     4,646,706  
Basic and diluted net income per share, common stock   $ 0.88  
Schedule of anti-dilutive net loss per share  
               
    Years Ended December 31,  
    2020     2019  
Stock options outstanding (a)     958,782       888,621  
Non-vested shares of restricted stock     68,557       14,200  
Preferred stock and warrants (b):                
Convertible Preferred Stock                
Series B     —       72,123  
Series B-1     72,123       —  
Series C     —       416,667  
Series C-1     416,667       —  
Series D     1,080,993       1,450,993  
Series D-1     325,203       325,203  
Series D-2     370,000       —  
Senior Convertible Preferred Stock                
Series E     615,231       615,231  
Series E-1     393,511       393,511  
Series F     352,076       352,076  
Series F-1     46,325       46,325  
Series G     740,987       —  
Series H     168,288       —  
Warrants                
Series D and D-1 warrants     365,854       365,854  
Series H warrants     139,428       —  
Airspan [Member]    
Schedule of basic and diluted net loss per share
                                 
                               
   

Three Months Ended

June 30,

    

Six Months Ended

June 30,

  
    2021     2020     2021     2020  
Numerator:                                
Net loss   $ (10,418 )   $ (11,053 )   $ (23,967 )   $ (24,068 )
                                 
Denominator - basic and diluted:                                
Weighted average common shares outstanding     670,043       669,534       669,839       669,534  
                                 
Net loss per share - basic and diluted   $ (15.55 )   $ (16.51 )   $ (35.78 )   $ (35.95 )
                 
    Years Ended December 31,  
    2020     2019     2018  
Numerator:                  
Net loss   $ (25,643 )   $ (51,981 )   $ (35,292 )
                         
Denominator – basic and diluted:                        
Weighted average common shares outstanding     669,534       669,534       254,679  
                         
Net loss per share – basic and diluted   $ (38.30 )   $ (77.64 )   $ (138.57 )
Schedule of anti-dilutive net loss per share
                               
    Three Months Ended
June 30,		     Six Months Ended
June 30,		  
    2021     2020     2021     2020  
Stock options outstanding (a)     1,018,125       980,946       1,018,125       980,946  
Non-vested shares of restricted stock     72,989       68,557       72,989       68,557  
Preferred stock and warrants (b):                                
Convertible Preferred Stock                                
Series B     —       72,123       —       72,123  
Series B-1     72,123       —       72,123       —  
Series C     —       416,667       —       416,667  
Series C-1     416,667       —       416,667       —  
Series D     1,080,993       1,450,993       1,080,993       1,450,993  
Series D-1     325,203       325,203       325,203       325,203  
Series D-2     370,000       —       370,000       —  
Senior Convertible Preferred Stock                                
Series E     615,231       615,231       615,231       615,231  
Series E-1     393,511       393,511       393,511       393,511  
Series F     352,076       352,076       352,076       352,076  
Series F-1     46,325       46,325       46,325       46,325  
Series G     740,987       464,566       740,987       464,566  
Series H     181,294       —       181,294       —  
Warrants                                
Series D and D-1 warrants     162,602       585,624       162,602       585,624  
Series H warrants     145,931       —       145,931       —  

 

  (a) If the Company had reported net income, the calculation of these per share amounts would have included the dilutive effect of these common stock equivalents using the treasury stock method for stock options.

 

  (b) The convertible preferred stock and warrants referred to in Note [11] were also excluded on an as converted basis because their effect would have been anti-dilutive.