Computation of Basic and Diluted Net Loss Per Share Attributable to Common Stockholders |
The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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2024 |
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2023 |
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2024 |
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2023 |
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(in thousands, except share and per share data) |
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(in thousands, except share and per share data) |
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Numerator: |
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Net loss attributable to common stockholders |
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$ |
(133,233 |
) |
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$ |
(98,298 |
) |
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$ |
(249,236 |
) |
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$ |
(166,396 |
) |
Denominator: |
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Weighted-average shares outstanding |
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165,141,936 |
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106,885,561 |
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164,935,542 |
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100,894,443 |
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Less: Weighted-average unvested restricted shares and shares subject to repurchase |
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— |
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(1,376 |
) |
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— |
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(3,068 |
) |
Weighted-average shares used to compute net loss per share attributable to common stockholders, basic and diluted |
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165,141,936 |
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106,884,185 |
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164,935,542 |
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100,891,375 |
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Net loss per share attributable to common stockholders, basic and diluted |
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$ |
(0.81 |
) |
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$ |
(0.92 |
) |
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$ |
(1.51 |
) |
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$ |
(1.65 |
) |
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Schedule of Outstanding Potentially Dilutive Shares Excluded from Calculation of Diluted Net Loss Per Share |
The following outstanding potentially dilutive shares have been excluded from the calculation of diluted net loss per share for the periods presented due to their anti-dilutive effect:
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As of June 30, |
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2024 |
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2023 |
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Options to purchase common stock |
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13,811,570 |
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10,789,298 |
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Options early exercised subject to future vesting |
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— |
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872 |
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Unvested restricted stock units of common stock |
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3,032,583 |
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2,055,963 |
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Expected shares to be purchased under ESPP |
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408,311 |
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199,866 |
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Warrants outstanding |
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2,194,342 |
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— |
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Earn-out shares |
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973,976 |
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— |
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Total |
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20,420,782 |
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13,045,999 |
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