v3.23.2
Net Income (Loss) Per Share (Tables)
 6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Income (Loss) Per Share
The following table sets forth the computation of basic and diluted net income (loss) per share attributable to common stockholders (in millions, except share amounts which are reflected in thousands, and per share amounts):
Three Months Ended June 30,Six Months Ended June 30,
2022202320222023
Basic net income (loss) per share:
Numerator
Net income (loss) including non-controlling interests$(2,616)$394 $(8,534)$237 
Net loss attributable to non-controlling interests, net of tax(15)— (4)— 
          Net income (loss) attributable to common stockholders$(2,601)$394 $(8,530)$237 
Denominator
Basic weighted-average common stock outstanding1,964,304 2,026,813 1,957,127 2,018,233 
Basic net income (loss) per share attributable to common stockholders (1)
$(1.32)$0.19 $(4.36)$0.12 
Diluted net income (loss) per share:
Numerator
     Net income (loss) attributable to common stockholders$(2,601)$394 $(8,530)$237 
Net loss attributable to Freight Holding convertible common shares non-controlling interest, net of tax(12)(14)(39)(28)
Interest expense, amortization of debt discount and issuance costs of 2025 Convertible Notes and Careem Notes— 1 — 1 
     Diluted net income (loss) attributable to common stockholders$(2,613)$381 $(8,569)$210 
Denominator
     Number of shares used in basic net income (loss) per share computation1,964,304 2,026,813 1,957,127 2,018,233 
     Weighted-average effect of potentially dilutive securities:
Stock options— 10,163 — 10,365 
RSUs— 20,891 — 15,468 
Assumed common shares issued from outstanding RSAs— 91 — 61 
Warrants— 73 — 73 
Common shares issued for ESPP— 735 — 745 
Assumed redemption of Freight Holding convertible common shares, non-controlling interest4,578 3,502 3,744 4,318 
2025 Convertible Notes— 14,226 — 14,226 
Careem Notes— 2,771 — 2,771 
     Diluted weighted-average common stock outstanding1,968,882 2,079,265 1,960,871 2,066,260 
Diluted net income (loss) per share attributable to common stockholders (1)
$(1.33)$0.18 $(4.37)$0.10 
(1) Per share amounts are calculated using unrounded numbers and therefore may not recalculate.
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share The following potentially dilutive outstanding securities were excluded from the computation of diluted net income (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):
Three Months Ended June 30,Six Months Ended June 30,
2022202320222023
Freight Holding contingently redeemable preferred stock17,674 19,244 17,674 19,244 
Incremental shares to settle forward obligation2,149 — 2,149 — 
RSUs111,637 15,530 111,637 15,530 
Stock options22,130 2,934 22,130 2,934 
Common stock subject to repurchase3,380 1,461 3,380 1,461 
Shares committed under ESPP6,886 3,048 6,886 3,048 
Warrants to purchase common stock73 — 73 — 
Convertible notes18,503 — 18,503 — 
Total182,432 42,217 182,432 42,217