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Loss Per Share (Tables)
9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Loss Per Share

Basic and diluted loss per share was calculated as follows:

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

 

 

(In thousands)

 

Net loss

 

$

(122,224

)

 

$

(113,229

)

 

$

(349,031

)

 

$

(360,779

)

Weighted average shares outstanding, basic
   and diluted

 

 

88,645

 

 

 

76,047

 

 

 

88,204

 

 

 

75,543

 

Net loss per share, basic and diluted

 

$

(1.38

)

 

$

(1.49

)

 

$

(3.96

)

 

$

(4.78

)

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 because their inclusion would have been anti-dilutive:

 

 

Three and Nine Months Ended September 30,

 

 

 

2023

 

 

2022

 

 

 

(In thousands)

 

Unvested restricted stock units

 

 

3,925

 

 

 

1,928

 

Stock options

 

 

5,591

 

 

 

5,548

 

 

 

9,516

 

 

 

7,476