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Loss Per Share (Tables)
12 Months Ended
Dec. 31, 2023
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,

 

 

 

2023

 

 

2022

 

 

2021

 

 

 

(In thousands)

 

Net loss

 

$

(481,192

)

 

$

(474,186

)

 

$

(267,892

)

Weighted average shares outstanding, basic
   and diluted

 

 

88,770

 

 

 

76,972

 

 

 

70,894

 

Net loss per share, basic and diluted

 

$

(5.42

)

 

$

(6.16

)

 

$

(3.78

)

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:

 

 

Year Ended December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

 

 

(In thousands)

 

Unvested restricted stock units

 

 

4,042

 

 

 

1,941

 

 

 

453

 

Stock options

 

 

5,459

 

 

 

5,472

 

 

 

6,305

 

 

 

9,501

 

 

 

7,413

 

 

 

6,758