Net Loss per Share

12 Months Ended

Dec. 31, 2024

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


	Year ended December 31,
		2024		2023		2022
		(in thousands, except for per share and share amounts)
Numerator:
Net loss from continuing operations attributable to common stockholders		$	(46,266)	$	(210,148)	$	(254,584)
Net income (loss) from discontinued operations attributable to common stockholders		3,257		(3,213)		(84,983)
Denominator:
Weighted average number of common shares and common share equivalents outstanding, basic and diluted		490,018,730		482,176,127		476,244,262






Basic and diluted loss per share from continuing operations		$	(0.09)	$	(0.44)	$	(0.53)
Basic and diluted earnings (loss) per share from discontinued operations		$	0.01	$	(0.01)	$	(0.18)

For all periods presented, the Company had net loss from continuing operations attributable to Common Stockholders. As a result, the Company's potentially dilutive securities, which include Options, RSUs, and PRSUs, have been excluded from the computation of diluted net loss per share from continuing operations, as the effect would be anti-dilutive. Therefore, during these periods, the diluted common shares outstanding equals the average common shares outstanding.

The following table presents the potentially dilutive shares that were excluded from the computation of diluted net loss per share of common stock:


	Year ended December 31,
		2024	2023	2022
Options to purchase common stock		24,269,793	24,994,653	26,996,507
RSUs		55,731,587	56,928,405	49,617,199
PRSUs		29,151,407	32,131,532	29,945,235
Total potentially dilutive shares excluded from computation of net loss per share		109,152,787	114,054,590	106,558,941