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Net Loss Per Share (Tables)
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Summary of Calculation of Basic and Diluted Net Loss Per Share of Common Stock

The following table summarizes the calculation of basic and diluted net loss per share of common stock:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

 

(in thousands, except per share amounts)

 

Net loss

 

$

(83,263

)

 

$

(51,452

)

 

$

(245,197

)

 

$

(172,135

)

Weighted-average number of common shares - basic and diluted

 

 

181,827

 

 

 

13,680

 

 

 

160,515

 

 

 

12,249

 

Net loss per common share - basic and diluted

 

$

(0.46

)

 

$

(3.76

)

 

$

(1.53

)

 

$

(14.05

)

 

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

The following securities were excluded from the computation of net loss per diluted share of common stock for periods presented as their effect would have been anti-dilutive:

 

 

 

Nine Months Ended September 30,

 

 

 

2021

 

 

2020

 

 

 

(in thousands)

 

Convertible preferred stock

 

 

-

 

 

 

134,113

 

Options issued and outstanding

 

 

17,284

 

 

 

9,677

 

Unvested restricted common stock

 

 

5,791

 

 

 

11,952

 

Unvested RSUs

 

 

150

 

 

 

326

 

Total

 

 

23,225

 

 

 

156,068