Net Loss Per Share Attributable to Common Stockholders

9 Months Ended

Sep. 30, 2020

Net Loss Per Share Attributable to Common Stockholders

13. Net Loss Per Share Attributable to Common Stockholders

The following table presents the calculation of basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share amounts):


	Three Months Ended September 30,						Nine Months Ended September 30,
	2020			2019			2020			2019
Numerator
Net loss attributable to common stockholders	$	(853,319	)	$	(139,860	)	$	(1,018,048	)	$	(420,319	)
Less: Change in fair value attributable to participating securities		—			—			(5,483	)		—

Net loss attributable to common stockholders, for diluted net loss per share	$	(853,319	)	$	(139,860	)	$	(1,023,531	)	$	(420,319	)

Denominator
Weighted-average shares used in computing net loss per share, basic		905,462,010			580,104,846			713,879,104			574,342,061

Weighted-average shares used in computing net loss per share, diluted		905,462,010			580,104,846			716,027,459			574,342,061

Net loss per share
Net loss per share attributable to common stockholders, basic	$	(0.94	)	$	(0.24	)	$	(1.43	)	$	(0.73	)

Net loss per share attributable to common stockholders, diluted	$	(0.94	)	$	(0.24	)	$	(1.43	)	$	(0.73	)

The following outstanding potentially dilutive common stock equivalents have been excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented due to their anti-dilutive effect:


	As of September 30,
	2020		2019
Redeemable convertible preferred stock		—		4,017,378
Convertible preferred stock		—		794,336,186
Warrants to purchase redeemable convertible and convertible preferred stock		—		21,831,545
Warrants to purchase common stock		19,068,174		993,266
Options and SARs issued and outstanding		587,976,855		470,352,024
RSUs outstanding		199,655,233		—
Growth units outstanding		3,582,674		22,377,040

Total		810,282,936		1,313,907,439