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Net Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Basic and Diluted Loss Per Share

The following table sets forth the reconciliation of basic and diluted loss per share for the three and six months ended June 30, 2023 and 2022 (in thousands, except per share amounts):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to the Company

 

$

(95,212

)

 

$

(218,759

)

 

$

(234,729

)

 

$

(259,574

)

Net loss used for diluted earnings per share

 

$

(95,212

)

 

$

(218,759

)

 

$

(234,729

)

 

$

(259,574

)

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic loss per share

 

 

551,281

 

 

 

402,801

 

 

 

547,232

 

 

 

370,144

 

Denominator for diluted loss per share

 

 

551,281

 

 

 

402,801

 

 

 

547,232

 

 

 

370,144

 

Basic loss per share

 

$

(0.17

)

 

$

(0.54

)

 

$

(0.43

)

 

$

(0.70

)

Diluted loss per share

 

$

(0.17

)

 

$

(0.54

)

 

$

(0.43

)

 

$

(0.70

)

Components of Outstanding Securities

Shares of common stock issuable pursuant to stock options and RSUs that have been excluded because the effect would have been anti-dilutive consisted of the following (in thousands):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Anti-dilutive shares for outstanding options and RSUs

 

 

26,585

 

 

 

24,065

 

 

 

27,656

 

 

 

23,177