v3.22.0.1
Net Loss per Share (Tables)
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
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 for the years ended December 31, 2021, 2020, and 2019:

 

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

 

 

(in thousands, except per share data)

 

 

 

Class A

Common

 

 

Class B

Common

 

 

Class C

Common

 

 

Class A

Common

 

 

Class B

Common

 

 

Class C

Common

 

 

Class A

Common

 

 

Class B

Common

 

 

Class C

Common

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(408,118

)

 

$

(7,339

)

 

$

(72,498

)

 

$

(775,801

)

 

$

(15,577

)

 

$

(153,461

)

 

$

(817,156

)

 

$

(33,341

)

 

$

(183,164

)

Net loss attributable to common

   stockholders

 

$

(408,118

)

 

$

(7,339

)

 

$

(72,498

)

 

$

(775,801

)

 

$

(15,577

)

 

$

(153,461

)

 

$

(817,156

)

 

$

(33,341

)

 

$

(183,164

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic shares:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common

   shares - Basic

 

 

1,303,921

 

 

 

23,449

 

 

 

231,627

 

 

 

1,195,259

 

 

 

23,999

 

 

 

236,435

 

 

 

1,087,366

 

 

 

44,366

 

 

 

243,730

 

Diluted shares:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common

   shares - Diluted

 

 

1,303,921

 

 

 

23,449

 

 

 

231,627

 

 

 

1,195,259

 

 

 

23,999

 

 

 

236,435

 

 

 

1,087,366

 

 

 

44,366

 

 

 

243,730

 

Net loss per share attributable to

   common stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.31

)

 

$

(0.31

)

 

$

(0.31

)

 

$

(0.65

)

 

$

(0.65

)

 

$

(0.65

)

 

$

(0.75

)

 

$

(0.75

)

 

$

(0.75

)

Diluted

 

$

(0.31

)

 

$

(0.31

)

 

$

(0.31

)

 

$

(0.65

)

 

$

(0.65

)

 

$

(0.65

)

 

$

(0.75

)

 

$

(0.75

)

 

$

(0.75

)

 

 

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 for the periods presented:

 

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

 

 

(in thousands)

 

Stock options

 

 

4,304

 

 

 

5,624

 

 

 

10,262

 

Unvested RSUs and RSAs

 

 

86,180

 

 

 

131,172

 

 

 

148,797

 

Convertible Notes (if-converted)

 

 

62,755

 

 

 

101,591

 

 

 

55,468