Net Loss Per Share Attributable to Common Stockholders (Tables)

9 Months Ended

Sep. 30, 2021

Summary of Calculation of Basic and Diluted Net Loss Per Share Attributable to Common Stockholders

The following table presents the calculation of basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share amounts):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2021		2020		2021
Numerator:
Net loss	$	(89,452)	$	(115,490)	$	(143,297)	$	(617,179)
Less: Accretion of redeemable convertible preferred stock	(11,943)		—		(11,943)		(4,135)
Net loss attributable to common stockholders, basic and diluted	$	(101,395)	$	(115,490)	$	(155,240)	$	(621,314)
Denominator:
Weighted-average shares used in computing net loss per share, basic and diluted	58,606,231		212,802,379		57,584,574		152,469,098
Net loss per share:
Net loss per share attributable to common stockholders, basic and diluted	$	(1.73)	$	(0.54)	$	(2.70)	$	(4.08)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following potentially dilutive outstanding shares were excluded from the computation of diluted net loss per share for the periods presented because including them would have had an anti-dilutive effect, or because issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the period:


	As of September 30,
	2020	2021
Redeemable convertible preferred stock	76,788,483	—
Options to purchase common stock	9,760,857	16,019,239
RSUs subject to future vesting	—	5,061,779
SVAs subject to future vesting	3,500,815	411,079
Early exercised options subject to future vesting*	1,062,500	45,000
Total	91,112,655	21,537,097

*Refer to Note 6. Stock-Based Compensation for further detail.