Net Loss per Share

3 Months Ended

Mar. 31, 2023

Basic and diluted net loss per share attributable to Class A common stockholders and Class B common stockholders (collectively, "Common Stockholders") for the years indicated was calculated as follows:


	Three Months Ended March 31,
	2023		2022
	(in thousands, except per share and share amounts)
Net loss	$	(72,606)	$	(75,490)
Net loss attributable to Common Stockholders	(72,606)		(75,490)
Basic and diluted weighted average number of common shares and common share equivalents outstanding	478,805,067		473,028,651
Net loss per share attributable to Common Stockholders—basic and diluted	$	(0.15)	$	(0.16)

Because the Company had a Net loss during the three months ended March 31, 2023 and 2022, the Company's potentially dilutive securities, which include stock options, RSUs, PRSUs, preferred stock, and warrants to purchase shares of common stock and preferred stock, have been excluded from the computation of diluted net loss per share, as the effect would be anti-dilutive. Therefore, during these periods, the diluted common shares outstanding equals the average common shares outstanding. The Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share attributable to Common Stockholders for the periods indicated because including them would have had an anti-dilutive effect:


	Three Months Ended March 31,
	2023	2022
Options to purchase common stock	25,834,803	32,410,176
RSUs	57,742,605	31,512,397
PRSUs	29,945,235	27,539,954



Total anti-dilutive shares excluded from computation of net loss per share	113,522,643	91,462,527