v3.22.2
Net Loss per Share (Tables)
6 Months Ended
Jun. 30, 2022
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 three and six months ended June 30, 2022 and 2021:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

(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

 

 

Class A

Common

 

 

Class B

Common

 

 

Class C

Common

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(356,314

)

 

$

(5,855

)

 

$

(59,898

)

 

$

(126,642

)

 

$

(2,317

)

 

$

(22,705

)

 

$

(659,409

)

 

$

(10,905

)

 

$

(111,377

)

 

$

(365,112

)

 

$

(6,805

)

 

$

(66,629

)

Net loss attributable to

   common stockholders

 

$

(356,314

)

 

$

(5,855

)

 

$

(59,898

)

 

$

(126,642

)

 

$

(2,317

)

 

$

(22,705

)

 

$

(659,409

)

 

$

(10,905

)

 

$

(111,377

)

 

$

(365,112

)

 

$

(6,805

)

 

$

(66,629

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic shares:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average

   common shares

   - Basic

 

 

1,377,870

 

 

 

22,643

 

 

 

231,627

 

 

 

1,291,967

 

 

 

23,640

 

 

 

231,627

 

 

 

1,371,358

 

 

 

22,678

 

 

 

231,627

 

 

 

1,269,275

 

 

 

23,658

 

 

 

231,627

 

Diluted shares:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average

   common shares

   - Diluted

 

 

1,377,870

 

 

 

22,643

 

 

 

231,627

 

 

 

1,291,967

 

 

 

23,640

 

 

 

231,627

 

 

 

1,371,358

 

 

 

22,678

 

 

 

231,627

 

 

 

1,269,275

 

 

 

23,658

 

 

 

231,627

 

Net loss per share

   attributable to

   common stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.26

)

 

$

(0.26

)

 

$

(0.26

)

 

$

(0.10

)

 

$

(0.10

)

 

$

(0.10

)

 

$

(0.48

)

 

$

(0.48

)

 

$

(0.48

)

 

$

(0.29

)

 

$

(0.29

)

 

$

(0.29

)

Diluted

 

$

(0.26

)

 

$

(0.26

)

 

$

(0.26

)

 

$

(0.10

)

 

$

(0.10

)

 

$

(0.10

)

 

$

(0.48

)

 

$

(0.48

)

 

$

(0.48

)

 

$

(0.29

)

 

$

(0.29

)

 

$

(0.29

)

 

 

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:

 

 

 

Three and Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

 

(in thousands)

 

Stock options

 

 

4,022

 

 

 

5,066

 

Unvested RSUs and RSAs

 

 

94,323

 

 

 

107,526

 

Convertible Notes (if-converted)

 

 

89,379

 

 

 

76,703