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NET INCOME (LOSS) PER SHARE
 3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
NET INCOME (LOSS) PER SHARE
NOTE 11: NET INCOME (LOSS) PER SHARE
The following table presents the calculation of basic and diluted income (loss) per share:
(in millions, except share and per share data)
Three Months Ended
March 31,
20232024
Class AClass BClass AClass B
Basic earnings per share (“EPS”):
Numerator
Net income (loss)$(438)$(73)$134 $23 
Net income (loss) attributable to common stockholders$(438)$(73)$134 $23 
Denominator
Weighted-average common shares outstanding - basic769,223,564 127,701,131 749,497,411 125,821,996 
Basic EPS$(0.57)$(0.57)$0.18 $0.18 
Diluted EPS:
Numerator
Net income (loss)$(438)$(73)$134 $23 
Reallocation of net income as a result of conversion of Class B to Class A common stock— — 23 — 
Reallocation of net income to Class B common stock— 
Net income (loss) for diluted EPS$(438)$(73)$157 $23 
Denominator
Weighted-average common shares outstanding - basic769,223,564 127,701,131 749,497,411 125,821,996 
Dilutive effect of stock options and unvested shares— — 20,459,748 — 
Conversion of Class B to Class A common stock— — 125,821,996 — 
Weighted-average common shares outstanding - diluted769,223,564 127,701,131 895,779,155 125,821,996 
Net income (loss) per share attributable to common stockholders:
Basic$(0.57)$(0.57)$0.18 $0.18 
Diluted$(0.57)$(0.57)$0.18 $0.18 
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:
 Three Months Ended
March 31,
20232024
Time-Based RSUs63,632,646 4,595,054 
Market-Based RSUs22,822,518 6,045,473 
Stock options14,540,171 2,602,524 
Warrants14,278,034 14,278,034 
Employee Stock Purchase Plan ("ESPP")
1,070,783 — 
Total anti-dilutive securities116,344,152 27,521,085