Quarterly report pursuant to Section 13 or 15(d)

BASIC AND DILUTED NET LOSS PER SHARE - Basic and Diluted Net loss Per Share (Details)

v3.22.1
BASIC AND DILUTED NET LOSS PER SHARE - Basic and Diluted Net loss Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Numerator:    
Net loss $ (7,449) $ (1,936)
Accretion of preferred stock to redemption value 0 (23,728)
Net loss attributable to common stockholders, basic (7,449) (25,664)
Net loss attributable to common stockholders, diluted $ (7,449) $ (25,664)
Denominator:    
Weighted-average number of stocks used in computing net loss per stock attributable to common stockholders, basic (in shares) [1] 124,245,358 16,547,808
Weighted-average number of stocks used in computing net loss per stock attributable to common stockholders, diluted (in shares) [1] 124,245,358 16,547,808
Net loss per stock attributable to common stockholders – basic (in dollars per share) [1] $ (0.06) $ (1.55)
Net loss per stock attributable to common stockholders – diluted (in dollars per share) [1] $ (0.06) $ (1.55)
[1] Prior period results have been adjusted to reflect the exchange of Innovid Inc’s common stock for Innovid Corp’s common stock at an exchange ratio of approximately 1.337 as a result of the Transaction. See Note 3, “Transaction and Business Combination” in the notes to the unaudited interim condensed consolidated financial statements for further details.