Basic and Diluted Net Loss Per Common Share (Tables)

9 Months Ended

Sep. 30, 2023

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):


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2023		2022		2023		2022
Basic and diluted net loss per share
Numerator
Consolidated net loss	$	(278,808)	$	(301,902)	$	(833,597)	$	(642,656)
Less: net loss attributable to noncontrolling interest	(1,650)		(4,104)		(5,349)		(8,216)
Net loss attributable to common stockholders	$	(277,158)	$	(297,798)	$	(828,248)	$	(634,440)
Denominator
Weighted-average common shares used in computing net loss per share attributable to common stockholders, based and diluted	619,350		597,779		612,938		593,452
Net loss per share attributable to common stockholders, basic and diluted	$	(0.45)	$	(0.50)	$	(1.35)	$	(1.07)

Schedule of Antidilutive Securities

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 September 30,
	2023	2022
Stock options outstanding	43,306	53,412
RSUs outstanding	36,880	30,731
2020 ESPP	3,406	2,270
Stock warrants outstanding	264	264
RSAs outstanding	276	632
Total	84,132	87,309