NET LOSS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2023

Basic and Diluted Net Income (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 September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Numerator:
Net loss	$	(33,760)	$	(18,744)	$	(178,928)	$	(435,384)
Less: Net loss attributable to noncontrolling interests	(4,806)		(4,033)		(10,630)		(8,460)
Net loss attributable to common stockholders	$	(28,954)	$	(14,711)	$	(168,298)	$	(426,924)
Denominator:
Basic shares:
Weighted-average shares used to compute basic net loss per share	611,276		592,672		606,767		572,234
Diluted shares:



Weighted-average shares used to compute diluted net loss per share	611,276		592,672		606,767		572,234
Net loss per share attributable to common stockholders:
Basic	$	(0.05)	$	(0.02)	$	(0.28)	$	(0.75)
Diluted	$	(0.05)	$	(0.02)	$	(0.28)	$	(0.75)

Antidilutive Securities Excluded from Calculation of Diluted Net Income (Loss) Per Share

The following potential common shares were excluded from the calculation of diluted net loss per share because their effect would have been anti-dilutive for the periods presented (in thousands):


	Three Months Ended September 30,		Nine Months Ended September 30,
	2023	2022	2023	2022
Stock options, restricted stock, and employee stock purchase plan	50,272	35,272	44,909	30,338
Convertible notes	12,109	18,025	15,034	18,030
Common stock warrants	23,188	27,929	23,188	37,241
Total anti-dilutive securities	85,569	81,226	83,131	85,609