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NET LOSS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Loss per Share Basic and diluted net loss per share attributable to common stockholders are calculated as follows (in thousands, except share and per share amounts):
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Net loss$(220,425)$(261,726)$(301,711)$(1,009,678)
Deemed dividend related to the issuance of Series E convertible preferred stock— — — (2,167,332)
Net loss attributable to common stockholders, basic(220,425)(261,726)(301,711)(3,177,010)
Change in fair value of dilutive warrants(334,843)— (858,173)— 
Net loss attributable to common stockholders, diluted$(555,268)$(261,726)$(1,159,884)$(3,177,010)
Weighted-average shares outstanding, basic 1,669,303,813 36,298,508 1,661,960,471 34,484,767 
Private Placement Warrants using the treasury stock method
17,511,591 — 22,367,536 — 
Weighted-average shares outstanding, diluted(1)
1,686,815,404 36,298,508 1,684,328,007 34,484,767 
Net loss per share:
Basic$(0.13)$(7.21)$(0.18)$(92.13)
Diluted(1)
$(0.33)$(7.21)$(0.69)$(92.13)
(1) The presentation of our diluted loss per share for the six months ended June 30, 2022 reflects correction of an immaterial error in our previously reported diluted loss per share for the three months ended March 31, 2022 for the inclusion of the dilutive effect of our Private Placement Warrants. The adjustment resulted in a change in diluted loss per share from $(0.05) to $(0.36) and the diluted weighted average shares outstanding from 1,654,322,379 to 1,681,545,859 for the three months ended March 31, 2022.
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net loss per share attributable to common stockholders because including them would have had an anti-dilutive effect:
June 30,
Excluded Securities20222021
Convertible preferred stock (on an as-converted basis)— 1,155,909,367 
Options outstanding to purchase common stock46,268,897 69,006,644 
RSUs outstanding39,884,884 41,678,953 
Employee stock purchase plan4,482,280 — 
If-converted common shares from convertible note36,737,785 — 
Total127,373,846 1,266,594,964