XML 50 R36.htm IDEA: XBRL DOCUMENT v3.22.4
Basic and Diluted Loss per Share (Tables)
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Loss per Share

The following table sets forth the computation of basic and diluted loss per share (in thousands, except per share data) for the periods indicated:

 

 

 

Years Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(1,469,797

)

 

$

(535,480

)

 

$

(7,524

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares of class A common stock

 

 

9,357

 

 

 

8,056

 

 

 

7,658

 

Weighted average common shares of class B common stock

 

 

1,964

 

 

 

1,964

 

 

 

2,026

 

Total weighted average shares of common stock outstanding

 

 

11,321

 

 

 

10,020

 

 

 

9,684

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic loss per share

 

$

(129.83

)

 

$

(53.44

)

 

$

(0.78

)

Diluted loss per share

 

$

(129.83

)

 

$

(53.44

)

 

$

(0.78

)

Schedule of Weighted Average of Potential Class A Common Stock Excluded from Computation of Loss Per Share

The following weighted average shares of potential class A common stock were excluded from the diluted loss per share calculation because their impact would have been anti-dilutive (in thousands):

 

 

 

Years Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

Stock Options

 

 

1,462

 

 

 

1,233

 

 

 

1,487

 

Restricted Stock Units

 

 

119

 

 

 

95

 

 

 

10

 

Employee Stock Purchase Plan

 

 

6

 

 

 

2

 

 

 

0

 

2025 Convertible Notes

 

 

1,633

 

 

 

1,633

 

 

 

94

 

2027 Convertible Notes

 

 

733

 

 

 

635

 

 

 

0

 

Total

 

 

3,953

 

 

 

3,598

 

 

 

1,591