Net Income (Loss) per Share (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Net Income (Loss) per Share Attributable to Common Stock

The following table presents the calculation of basic and diluted net income (loss) per share attributable to common stock:

	Three months ended June 30,								Six months ended June 30,
	2024				2023				2024				2023
	Class A		Class B		Class A		Class B		Class A		Class B		Class A		Class B
	(in thousands, except share and per share data)
Numerator:
Net income (loss) attributable to common stockholders	$	(3,034)	$	(7,065)	$	(4,952)	$	(36,157)	$	(151,229)	$	(433,936)	$	(12,021)	$	(89,954)
Denominator:
Basic weighted-average common shares outstanding	49,386,912		114,995,824		7,047,807		51,460,350		30,317,800		86,993,814		6,873,912		51,438,626
Diluted weighted-average common shares outstanding	49,386,912		114,995,824		7,047,807		51,460,350		30,317,800		86,993,814		6,873,912		51,438,626
Basic and diluted income (loss) per share attributable to common stockholders:	$	(0.06)	$	(0.06)	$	(0.70)	$	(0.70)	$	(4.99)	$	(4.99)	$	(1.75)	$	(1.75)

Schedule of Antidilutive Securities Excluded from Computation of Diluted Net Income (Loss) per Share Attributable to Common Stock

The following outstanding potentially dilutive shares, including stock options that have been exercised prior to vesting, were excluded from the computation of diluted net income (loss) per share attributable to common stock for the periods presented because the impact of including them would have been anti-dilutive.

	June 30, 2024
	Class A	Class B	Consolidated
Stock options	19,090,416	6,410,374	25,500,790
Unvested RSUs & RSAs	12,620,086	1,335,312	13,955,398
	31,710,502	7,745,686	39,456,188

	June 30, 2023
	Class A	Class B	Consolidated
Stock options	15,642,899	8,127,519	23,770,418
Unvested RSUs & RSAs	15,928,878	4,475,150	20,404,028
Preferred shares	5,104,017	67,917,432	73,021,449
	36,675,794	80,520,101	117,195,895