NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Schedule of Reconciliations of the Numerators and Denominators Used to Compute Basic and Diluted Earnings (Loss) Per Share

The following table sets forth reconciliations of the numerators and denominators used to compute basic and diluted earnings (loss) per share (in thousands, except per share amounts):

	Three Months Ended March 31,
	2024		2023
Numerator:
Net income (loss)	$	210,691	(388)
Add: Interest expense related to convertible notes, net of tax	8,392		—
Diluted net income (loss)	$	219,083	$	(388)
Denominator:
Weighted average shares outstanding - basic	230,954		375,419
Effect of dilutive securities:
Convertible notes	50,738		—
Restricted stock units	839		—
Weighted average shares outstanding - diluted	282,531		375,419
Net income (loss) per share - basic	$	0.91	$	—
Net income (loss) per share - diluted	$	0.78	$	—

Schedule of Antidilutive Securities Excluded from Computation of Earnings (Loss) Per Share

Potentially dilutive securities include securities not included in the calculation of diluted net income (loss) per share because to do so would be anti-dilutive. Potentially dilutive securities are as follows (in common stock equivalent shares, in thousands):

	Three Months Ended March 31,
	2024	2023
Stock options	1,172	22,724
Tranche 1 Warrants	98,313	14,892
Restricted stock and restricted stock units	1,040	40,438
Convertible Notes	—	69,997
SPAC Vesting Shares	—	1,725
Total potentially dilutive securities	100,525	149,776