Net Loss per Share (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Numerators and Denominators of Basic and Diluted Net Loss per Share Computations for Common Stock

The numerators and denominators of the basic and diluted net loss per share computations for our common stock are calculated as follows:


	Three Months Ended March 31,
		2026	2025

				(in thousands, except per share data)
				Class A		Class B		Class C		Class A		Class B		Class C
Numerator:
Net loss				$	(75,555)	$	(1,187)	$	(12,209)	$	(118,674)	$	(1,853)	$	(19,060)
Net loss attributable to common stockholders				$	(75,555)	$	(1,187)	$	(12,209)	$	(118,674)	$	(1,853)	$	(19,060)
Denominator:
Basic shares:
Weighted-average common shares - Basic				1,433,500		22,523		231,627		1,442,203		22,523		231,627
Diluted shares:
Weighted-average common shares - Diluted				1,433,500		22,523		231,627		1,442,203		22,523		231,627
Net loss per share attributable to common stockholders:
Basic				$	(0.05)	$	(0.05)	$	(0.05)	$	(0.08)	$	(0.08)	$	(0.08)
Diluted				$	(0.05)	$	(0.05)	$	(0.05)	$	(0.08)	$	(0.08)	$	(0.08)

Schedule of Potentially Dilutive Shares Excluded from Calculation of Diluted Net Loss per Share

The following potentially dilutive shares were excluded from the calculation of diluted net loss per share because their effect would have been anti-dilutive:


	As of March 31,
	2026	2025

	(in thousands)
Stock options	494	665
Unvested RSUs and RSAs	196,061	135,269
Convertible Notes (if-converted)	46,193	60,825