Basic and Diluted Net Loss Per Common Share (Tables)

6 Months Ended

Jun. 30, 2022

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 June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Basic and diluted net loss per share
Numerator
Consolidated net loss	$	(178,734)	$	(142,930)	$	(340,754)	$	(279,033)
Less: net loss attributable to noncontrolling interest	(2,294)		(2,796)		(4,112)		(4,682)
Net loss attributable to common stockholders	$	(176,440)	$	(140,134)	$	(336,642)	$	(274,351)
Denominator
Weighted-average common shares used in per share computation, basic and diluted	593,928		571,300		591,252		432,159
Net loss per share, basic and diluted	$	(0.30)	$	(0.25)	$	(0.57)	$	(0.63)

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 three and six months ended June 30, 2022 and 2021 because including them would have been anti-dilutive are as follows (in thousands):


	As of Three and Six Months Ended June 30,
	2022	2021
Stock options outstanding	55,921	73,244
RSUs outstanding	21,909	10,092
Stock warrants outstanding	264	324
Convertible Preferred Stock outstanding	—	—
Unregistered restricted stock awards outstanding	699	356
2020 ESPP	2,253	731
Total	81,046	84,747