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Net Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss Per Share of Common Stock

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

 

 

 

Three Months Ended March 31,

 

 

 

2021

 

 

2020

 

 

 

(in thousands, except per share amounts)

 

Net loss

 

$

(180,617

)

 

$

(32,875

)

Weighted-average shares outstanding, basic and diluted

 

 

119,131

 

 

 

10,820

 

Net loss per share, basic and diluted

 

$

(1.52

)

 

$

(3.04

)

Anti-dilutive Securities Excluded from Computation of Diluted Net Loss Per Share

The amounts in the table below were excluded from the calculation of diluted net loss per share due to their anti-dilutive effect:

 

 

 

Three Months Ended March 31,

 

 

 

2021

 

 

2020

 

 

 

(in thousands)

 

Series A-1 convertible preferred stock

 

 

-

 

 

 

11,463

 

Series A-2 convertible preferred stock

 

 

-

 

 

 

95,427

 

Unvested restricted common stock

 

 

8,637

 

 

 

15,352

 

Options to purchase common stock

 

 

2,324

 

 

 

357

 

Unvested RSUs

 

 

325

 

 

 

345

 

Total

 

 

11,286

 

 

 

122,944