Net Loss per Share (Tables)

6 Months Ended

Jun. 30, 2021

Schedule of Basic and Diluted Loss Per Share/Common Unit

The following table presents the calculation of basic and diluted net loss per share:


	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands, except per share amounts)	2021		2020		2021		2020
Numerator:
Net loss	$	(518,601)	$	(102,050)	$	(813,634)	$	(207,403)
Less: premium on repurchase of redeemable convertible preferred units	—		(57,863)		—		(92,734)
Net loss attributable to Class A and Class B common stockholders	$	(518,601)	$	(159,913)	$	(813,634)	$	(300,137)

Denominator:
Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders, basic and diluted	1,743,109		27,539		1,092,626		25,974

Net loss attributable to Class A and Class B common stockholders per share, basic and diluted	$	(0.30)	$	(5.81)	$	(0.74)	$	(11.56)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following have been excluded from the computation of basic and diluted net loss per share attributable to Class A and Class B common stockholders as their effect would have been anti-dilutive:


	Three Months Ended June 30,		Six Months Ended June 30,
(in thousands of equivalent common shares)	2021	2020	2021	2020
Convertible debt	—	160,011	—	160,011
Redeemable convertible preferred units	—	1,329,465	—	1,329,465
Equity compensation awards	47,817	63,603	53,968	62,027