Basic and Diluted Net Loss Per Common Share

3 Months Ended

Mar. 31, 2023

Basic and Diluted Net Loss Per Common Share

15. Basic and Diluted Net Loss Per Common 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,
	2023		2022
Basic and diluted net loss per share
Numerator
Consolidated net loss	$	(269,948)	$	(162,020)
Less: net loss attributable to noncontrolling interest	(1,635)		(1,818)
Net loss attributable to common stockholders	$	(268,313)	$	(160,202)
Denominator
Weighted-average common shares used in computing net loss per share attributable to common stockholders, based and diluted	606,637		588,521
Net loss per share attributable to common stockholders, basic and diluted	$	(0.44)	$	(0.27)

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


	As of March 31,
	2023	2022
Stock options outstanding	49,148	58,685
RSUs outstanding	33,956	14,489
2020 ESPP	1,864	1,475
Stock warrants outstanding	264	294
RSAs outstanding	425	436
Total	85,657	75,379

The CEO Long-Term Performance Award and 2022 PSU Grants were excluded from the above table because the respective stock price targets had not been met as of the periods presented.