Basic and Diluted Net Loss Per Common Share (Tables)

12 Months Ended

Dec. 31, 2021

Schedule 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):


	Year Ended December 31,
	2021		2020		2019
Basic and diluted net loss per share
Numerator
Consolidated net loss	$	(503,480)	$	(257,691)	$	(71,114)
Less: net loss attributable to the noncontrolling interest	(11,829)		(4,437)		(146)
Net loss attributable to common stockholders	$	(491,651)	$	(253,254)	$	(70,968)
Denominator
Weighted-average common shares used in per share computation, based and diluted	505,858		182,108		163,051
Net loss per share, basic and diluted	$	(0.97)	$	(1.39)	$	(0.44)

Schedule of Antidilutive Securities

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 December 31,
	2021	2020	2019
Stock options outstanding	63,267	98,502	99,682
RSUs outstanding	14,684	3,061	30
2020 ESPP	523	—	—
Stock warrants outstanding	324	324	1,833
Unregistered restricted stock awards outstanding	468	388	—
Convertible Preferred Stock outstanding	—	337,235	324,304
Total	79,266	439,510	425,849