Net Loss per Share

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Net Loss per Share

Net Loss per Share

Diluted net loss per share is the same as basic net loss per share for all periods presented because the effects of potentially dilutive items were anti-dilutive, given the Company’s net loss. The following securities have been excluded from the calculation of weighted-average shares of common stock outstanding because the effect is anti-dilutive for each of the periods indicated.

	Three and Six Months Ended June 30,
	2022	2021
Stock options	5,964,973	3,634,078
Restricted stock units	5,477,279	2,901,519
Performance restricted stock units	2,515,924	1,580,153
Shares related to convertible senior notes	13,443,374	13,443,374
Total antidilutive securities	27,401,550	21,559,124

The following table presents the calculation of the Company’s basic and diluted net loss per share for each of the periods indicated.

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Numerator (in thousands):
Net loss	$	(62,852)	$	(21,831)	$	(188,632)	$	(67,395)
Denominator:
Weighted-average shares of common stock outstanding, basic and diluted	77,059,157		74,421,911		76,667,681		74,051,220
Net loss per share, basic and diluted	$	(0.82)	$	(0.29)	$	(2.46)	$	(0.91)