Basic and Diluted Net Loss Per Common Share (Tables)

3 Months Ended

Mar. 31, 2021

Earnings Per Share [Abstract]

Summary of Calculation of Basic and Diluted Net Loss Per Share

The following table presents the calculation of basic and diluted net loss per share (in thousands, except per share data):

	Three Months Ended March 31,
	2021			2020
Basic and diluted net loss per share
Numerator
Net loss	$	(136,103	)	$	(74,877	)
Less: net loss attributable to noncontrolling interest		(1,886	)		(498	)
Net loss attributable to common stockholders	$	(134,217	)	$	(74,379	)
Denominator
Weighted-average common shares used in per share computation, based and diluted		291,074			169,542
Net loss per share, basic and diluted	$	(0.46	)	$	(0.44	)

Summary of Computation of Diluted Net Loss Per Share

The potential shares of common stock that were excluded from the computation of diluted net loss per share for the period presented because including them would have been anti-dilutive are as follows (in thousands):

	As of March 31,
	2021		2020
Stock options outstanding		79,616		100,339
RSUs outstanding		8,559		—
Stock warrants outstanding		324		260
Convertible Preferred Stock outstanding		—		349,522
Unregistered restricted stock awards outstanding		356		—
2020 ESPP		770		—
Total		89,625		450,121

The CEO Long-Term Performance Award is excluded from the above table because the Company Stock Price Target had not been met as of March 31, 2021.