Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2023

The following table provides a reconciliation of cash, cash equivalents and restricted cash within the condensed consolidated balance sheets that sum to the total of the same on the condensed consolidated statement of cash flows (in thousands):


	September 30, 2023		December 31, 2022
Cash and cash equivalents	$	259,935	$	337,087
Restricted cash	6,138		6,139
Total cash, cash equivalents and restricted cash	$	266,073	$	343,226

Restrictions on Cash and Cash Equivalents


	September 30, 2023		December 31, 2022
Cash and cash equivalents	$	259,935	$	337,087
Restricted cash	6,138		6,139
Total cash, cash equivalents and restricted cash	$	266,073	$	343,226

Schedule of Earnings Per Share, Basic and Diluted

The following table presents the calculation of basic and diluted net loss per share (in thousands, except shares and per share data):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Basic loss per share:
Net loss from continuing operations	$	(84,485)	$	(105,802)	$	(222,062)	$	(329,129)
Less: net loss attributable to non-controlling interest	5		98		26		341
Net loss from continuing operations available to common shareholders	(84,480)		(105,704)		(222,036)		(328,788)
Net income (loss) from discontinued operations, net of tax	669		(46,944)		4,672		(80,708)
Net loss attributable to common shareholders	$	(83,811)	$	(152,648)	$	(217,364)	$	(409,496)

Shares used in computation:
Weighted-average common shares outstanding	292,693,961		186,750,504		270,078,947		176,503,992
Basic and diluted loss per share from continuing operations	$	(0.29)	$	(0.57)	$	(0.82)	$	(1.86)
Basic and diluted loss per share from discontinued operations	$	—	$	(0.25)	$	0.02	$	(0.46)
Basic and diluted loss per share	$	(0.29)	$	(0.82)	$	(0.80)	$	(2.32)

Schedule of Antidilutive Securities Excluded from Computation of Earnings per Share

The following common share equivalents are excluded from the calculation of weighted average common shares outstanding because their inclusion would have been anti-dilutive:


	September 30,
	2023	2022
Warrants to purchase common stock	166,670	166,670
Stock options	19,103,190	15,655,673
Unvested restricted stock units	14,090,914	6,859,083
Convertible notes variable settlement feature	6,966,078	6,966,078
Total	40,326,852	29,647,504