Quarterly report pursuant to Section 13 or 15(d)

Equity (Tables)

v3.22.1
Equity (Tables)
3 Months Ended
Mar. 31, 2022
Stockholders' Equity Note [Abstract]  
Summary of the common stock activity

The following table summarizes the common stock activity for the three months ended March 31, 2022 and 2021, respectively.

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

 

2021

 

Balance, beginning of period

 

 

100,687,820

 

 

 

 

84,535,640

 

Issuance of common stock

 

 

72,395

 

 

 

 

803,505

 

Balance, end of period

 

 

100,760,215

 

 

 

 

85,339,145

 

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following instruments were excluded from the calculation of diluted shares outstanding because the effect of including them would have been anti-dilutive.

 

Three Months Ended March 31,

 



2022

 



2021

 

Convertible debt

 

22,250,040

 



 

-

 

Employee stock options

 

11,227,250

 



 

10,682,969

 

Public Warrants

 

-

 

 

 

10,518,847

 

Private Warrants

 

3,914,525

 



 

5,481,847

 

Restricted shares

 

2,671,482

 

 

 

-

 

Performance shares

 

50,251

 

 

 

-

 

Legacy Danimer options

 

125,489

 



 

279,253

 

Total excluded instruments

 

40,239,037

 

 

 

26,962,916