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Loss Per Share (Tables)
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Loss Per Share

Basic and diluted loss per share was calculated as follows:

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

 

 

(In thousands)

 

Net loss

 

$

(474,186

)

 

$

(267,892

)

 

$

(134,231

)

Weighted average shares outstanding, basic
   and diluted

 

 

76,972

 

 

 

70,894

 

 

 

55,987

 

Net loss per share, basic and diluted

 

$

(6.16

)

 

$

(3.78

)

 

$

(2.40

)

Potential Dilutive Securities Excluded from Computation of Diluted Net Loss Per Common Share

The following common stock equivalents were excluded from the calculation of diluted loss per share in 2022, 2021 and 2020 because their inclusion would have been anti-dilutive:

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

 

 

(In thousands)

 

Unvested restricted stock

 

 

1,941

 

 

 

453

 

 

 

194

 

Stock options

 

 

5,472

 

 

 

6,305

 

 

 

6,977

 

 

 

 

7,413

 

 

 

6,758

 

 

 

7,171