XML 43 R31.htm IDEA: XBRL DOCUMENT v3.24.1.u1
STOCKHOLDERS' EQUITY AND NET LOSS PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2024
Stockholders' Equity And Earnings Per Share [Abstract]  
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share The following table presents the number of potential shares of
common stock outstanding as of the end of each period that were excluded from the computation of diluted net loss per share for each period (in millions):

Three Months Ended
March 31,
20232024
Green Convertible Notes75 149 
Stock warrants12 12 
Stock options62 61 
RSUs, ESPP, and other stock-based awards43 58 
Total192 280 
Schedule of Earnings Per Share, Basic and Diluted
A reconciliation of the numerator and denominator used in the calculation of basic and diluted net loss per share is as follows (in millions, except per share data):

Three Months Ended March 31,
20232024
Numerator
Net loss attributable to Rivian$(1,349)$(1,446)
Net loss attributable to common stockholders, basic and diluted$(1,349)$(1,446)
Denominator
Weighted-average Class A and Class B common shares outstanding - basic930 978 
Effect of dilutive securities— — 
Weighted-average Class A and Class B common shares outstanding - diluted930 978 
Net loss per share attributable to Class A and Class B common stockholders, basic and diluted$(1.45)$(1.48)