Quarterly report pursuant to Section 13 or 15(d)

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

v3.22.2
BASIC AND DILUTED NET LOSS PER SHARE - Basic and Diluted Net loss Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2022
Jun. 30, 2021
Numerator:            
Net loss $ 4,300 $ (7,449) $ (1,659) $ (1,936) $ (3,149) $ (3,595)
Accretion of preferred stock to redemption value 0   (21,076)   0 (44,804)
Net loss attributable to common stockholders, basic 4,300   (22,735)   (3,149) (48,399)
Net loss attributable to common stockholders, diluted $ 4,300   $ (22,735)   $ (3,149) $ (48,399)
Denominator:            
Weighted-average number of stocks used in computing net loss per stock attributable to common stockholders - Basic weighted average number of shares outstanding (in shares) [1] 132,152,652   17,116,586   128,220,893 16,956,139
Weighted-average number of stocks used in computing net loss per stock attributable to common stockholders -Diluted weighted average number of shares outstanding (in shares) [1] 139,988,123   17,116,586   128,220,893 16,956,139
Net profit (loss) per stock attributable to common stockholders – basic (in dollars per share) [1] $ 0.03   $ (1.33)   $ (0.02) $ (2.85)
Net profit (loss) per stock attributable to common stockholders – diluted (in dollars per share) [1] $ 0.03   $ (1.33)   $ (0.02) $ (2.85)
Options and RSUs            
Denominator:            
Weighted-average number of stock used in computing net loss per stock attributable to common stockholders – Effect of dilutive securities - options And RSU (share equivalent) (in shares) 7,835,471   0   0 0
[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 for further details.