NET INCOME (LOSS) PER SHARE (Tables)

12 Months Ended

Dec. 31, 2022

Schedule Of Basic and Diluted Income (Loss) Per Share

The following table presents the calculation of basic and diluted income (loss) per share:


(in millions, except per share data)	Year Ended December 31,
	2020		2021		2022
Net income (loss)	$	7	$	(3,687)	$	(1,028)
Less: allocation of earnings to participating securities	4		—		—
Net income (loss) attributable to common stockholders	$	3	$	(3,687)	$	(1,028)

Weighted-average common shares outstanding - basic	225,748,355		492,381,190		878,630,024
Dilutive effect of stock options and unvested shares	19,249,033		—		—
Weighted-average common shares used to compute diluted loss per share	244,997,388		492,381,190		878,630,024

Net income (loss) per share attributable to common stockholders:
Basic	$	0.01	$	(7.49)	$	(1.17)
Diluted	$	0.01	$	(7.49)	$	(1.17)

Schedule Of Potential Common Shares Excluded From The Calculation Of Diluted Net Income (Loss) Per Share

The following potential common shares were excluded from the calculation of diluted net income (loss) per share because their effect would have been anti-dilutive or issuance of such shares is contingent upon the satisfaction of certain conditions that were not satisfied by the end of the period:


	Year Ended December 31,
	2020	2021	2022
Redeemable convertible preferred stock	412,742,897	—	—
RSUs	75,375,307	108,359,188	114,614,461
Stock options	60,082	14,527,468	15,226,096
Early-exercised stock options	8,423	15,126	—
Warrants	—	14,278,034	14,278,034
ESPP shares	—	246,179	364,427
Total anti-dilutive securities	488,186,709	137,425,995	144,483,018