v3.25.1
Net Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Schedule of Calculation of Basic and Diluted Net Loss Per Share Attributable to Class A and Class B Stockholders

The following table presents the calculation of basic and diluted net loss per share (in thousands, except share and per share data):

 

 

Three Months Ended March 31,

 

 

2025

 

 

2024

 

 

Class A and Class B
Common Stock

 

Numerator:

 

 

 

 

 

Net loss

$

(67,574

)

 

$

(92,967

)

Denominator:

 

 

 

 

 

Weighted-average shares used to compute net loss per share, basic and diluted

 

335,755,902

 

 

 

314,203,181

 

Net loss per share, basic and diluted

$

(0.20

)

 

$

(0.30

)

Schedule of Antidilutive Securities Excluded from Computation of Diluted Net Loss Per Share

The following outstanding potentially dilutive shares were excluded from the computation of diluted net loss per share attributable to the Company’s Class A and Class B common stockholders for the periods presented because the impact of including them would have been anti-dilutive:

 

 

March 31, 2025

 

 

March 31, 2024

 

Stock options

 

20,754,102

 

 

 

28,714,167

 

Unvested restricted common stock and early exercised stock options

 

397,440

 

 

 

99,707

 

RSUs

 

26,076,807

 

 

 

24,661,042

 

ESPP

 

613,771

 

 

 

546,936

 

Shares issuable upon conversion of the 2027 Notes

 

10,992,960

 

 

 

10,992,960

 

Total

 

58,835,080

 

 

 

65,014,812