Basic and Diluted Net Loss Per Common Share (Tables)

3 Months Ended

Mar. 31, 2025

Schedule of Calculation of Basic and Diluted Net Loss Per Share

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


	Three Months Ended March 31,
	2025		2024
Basic and diluted net loss per share
Numerator
Consolidated net loss	$	(216,340)	$	(271,920)
Less: net loss attributable to noncontrolling interest	(1,284)		(1,316)
Net loss attributable to common stockholders	$	(215,056)	$	(270,604)
Denominator
Weighted-average common shares used in computing net loss per share attributable to common stockholders, based and diluted	671,657		635,020
Net loss per share attributable to common stockholders, basic and diluted	$	(0.32)	$	(0.43)

Schedule of Antidilutive Securities

The potential shares of common stock that were excluded from the computation of diluted net loss per share because including them would have been anti-dilutive are as follows (in thousands):


	As of March 31,
	2025	2024
Stock options outstanding	22,815	37,488
RSUs outstanding	32,758	38,757
2020 ESPP	832	2,164
PSU awards based on performance target achievement at period-end(1)	187	34
Other awards and warrants outstanding or unreleased	356	388
Total	56,948	78,831

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