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Net Income (Loss) Per Share
 12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share
Note 13 – Net Income (Loss) Per Share
Basic net income (loss) per share is computed by dividing net income (loss) by the weighted-average number of common shares outstanding for the periods presented. Diluted net income (loss) per share is computed by giving effect to all potential weighted average dilutive common stock. The dilutive effect of outstanding awards and convertible securities is reflected in diluted net income (loss) per share by application of the treasury stock method or if-converted method, as applicable.
We take into account the effect on consolidated net income (loss) per share of dilutive securities of entities in which we hold equity interests that are accounted for using the equity method.
The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders (in millions, except share amounts which are reflected in thousands, and per share amounts):
Year Ended December 31,
201920202021
Basic net loss per share:
Numerator
Net loss including non-controlling interests$(8,512)$(6,788)$(570)
Add: net loss attributable to non-controlling interests, net of tax(6)(20)(74)
Net loss attributable to common stockholders$(8,506)$(6,768)$(496)
Denominator
Basic weighted-average common stock outstanding1,248,353 1,752,960 1,892,546 
Basic net loss per share attributable to common stockholders (1)
$(6.81)$(3.86)$(0.26)
Diluted net loss per share:
Numerator
Net loss attributable to common stockholders$(8,506)$(6,768)$(496)
Net loss attributable to Freight Holding convertible common shares non-controlling interest, net of tax— — (44)
Diluted net loss attributable to common stockholders$(8,506)$(6,768)$(540)
Denominator
Number of shares used in basic net loss per share computation1,248,353 1,752,960 1,892,546 
Weighted-average effect of potentially dilutive securities:
Assumed redemption of Freight Holding convertible common shares, non-controlling interest— — 2,973 
Diluted weighted-average common stock outstanding1,248,353 1,752,960 1,895,519 
Diluted net loss per share attributable to common stockholders (1)
$(6.81)$(3.86)$(0.29)
(1) Per share amounts are calculated using unrounded numbers and therefore may not recalculate.
Effective January 1, 2021, we early adopted ASU 2020-06 using the modified retrospective approach. Upon adoption, we use the if-converted method and presume share settlement for our 2025 Convertible Notes and our non-interest bearing unsecured convertible notes related to the acquisition of Careem (“Careem Notes”) when calculating the dilutive effect of these notes.
The following potentially dilutive 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, or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the period (in thousands):
Year Ended December 31,
201920202021
Freight Holding contingently redeemable preferred stock— 14,339 10,070 
Convertible notes— 28,407 21,740 
RSUs85,058 83,736 71,461 
Stock options34,800 28,734 24,253 
Common stock subject to repurchase210 28 4,153 
RSUs to settle fixed monetary awards283 49 — 
Shares committed under ESPP5,490 2,451 3,226 
Warrants to purchase common stock123 126 73 
Total125,964 157,870 134,976