Net Loss Per Share Attributable to Common Stockholders (Tables)

12 Months Ended

Dec. 31, 2022

Summary of Calculation of Basic and Diluted Net Loss Per Share

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):


	As of December 31,
	2022		2021		2020
Numerator


Net loss attributable to common stockholders	$	(373,705)	$	(520,379)	$	(1,166,391)
Less: Change in fair value attributable to participating securities	—		—		(5,483)
Net loss attributable to common stockholders for diluted net loss per share	$	(373,705)	$	(520,379)	$	(1,171,874)
Denominator
Weighted-average shares used in computing net loss per share, basic	2,063,793		1,923,617		977,722
Weighted-average shares used in computing net loss per share, diluted	2,063,793		1,923,617		979,330
Net loss per share
Net loss per share attributable to common stockholders, basic	$	(0.18)	$	(0.27)	$	(1.19)
Net loss per share attributable to common stockholders, diluted	$	(0.18)	$	(0.27)	$	(1.20)

Summary of Antidilutive Securities

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 (in thousands):


	As of December 31,
	2022	2021	2020
Options and SARs issued and outstanding	326,913	349,977	535,792
RSUs outstanding	126,426	153,749	184,870
Warrants to purchase common stock	13,042	13,042	19,068
Growth units outstanding	—	—	3,583
Total	466,381	516,768	743,313