Net Loss Per Share

3 Months Ended

Mar. 31, 2024

The following table sets forth the computation of the basic and diluted net loss per share:


	Three Months Ended March 31,
		2024		2023

		(unaudited)
		(in thousands, except per share data)


Net loss, basic and diluted		$	(114,985)	$	(133,533)
Net loss per share, basic and diluted		$	(0.94)	$	(1.30)
Weighted-average shares used in computing net loss per share, basic and diluted		121,712		102,663

Since the Company was in a loss position for all periods presented, basic net loss per share is the same as diluted net loss per share, as the inclusion of all potential shares of common stock outstanding would have been anti-dilutive. The following weighted-average common stock equivalents were excluded from the calculation of diluted net loss per share for the periods presented as they had an anti-dilutive effect:


	Three Months Ended March 31,
		2024	2023

		(unaudited)
		(in thousands)
Stock options		4,051	3,378
Restricted stock units		4,494	3,550
MSUs		1,938	2,261
PSUs		609	337
ESPP obligation		263	264

Convertible senior notes		8,225	8,225
Total		19,580	18,015