Annual report pursuant to Section 13 and 15(d)

Net Loss Per Share (Tables)

v3.22.4
Net Loss Per Share (Tables)
 12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted The following table presents the calculation of basic and diluted net loss per share for the years ended December 31, 2022, 2021, and 2020 (in thousands, except per share amounts):
 
  December 31,
  2022 2021 2020
Numerator:
Net loss $ (358,741) $ (214,924) $ (208,733)
Adjustment to net loss attributable to common stockholders —  (15,540) — 
Net loss attributable to common stockholders $ (358,741) $ (230,464) $ (208,733)
Denominator:
Weighted-average shares outstanding, basic and diluted 277,997  84,261  37,367 
Loss per share:
Loss per share, basic and diluted $ (1.29) $ (2.74) $ (5.59)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following outstanding securities were excluded from the computation of diluted net loss per share because their effect would have been anti-dilutive for the periods presented (in thousands):
 
December 31,
2022 2021 2020
Redeemable convertible preferred shares —  —  135,225 
Founders convertible preferred stock —  —  3,993 
Unvested shares of common stock —  —  4,032 
Stock options 8,449  12,730  19,446 
Time-based vesting RSUs 25,515  24,166  — 
Market-based vesting RSUs 10,700  29,073  — 
Warrants to purchase redeemable convertible preferred stock —  —  94 
Warrants to purchase Class A common stock 12,935  12,935  — 
Contingently issuable shares 1,977  1,977  — 
Total 59,576  80,881  162,790