Loss Per Share

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Loss Per Share

14.Loss Per Share

Basic and diluted loss per share was calculated as follows:

	Year Ended December 31,
	2023			2022			2021
	(In thousands)
Net loss	$	(481,192	)	$	(474,186	)	$	(267,892	)
Weighted average shares outstanding, basic    and diluted		88,770			76,972			70,894
Net loss per share, basic and diluted	$	(5.42	)	$	(6.16	)	$	(3.78	)

The following common stock equivalents were excluded from the calculation of diluted loss per share because their inclusion would have been anti-dilutive:

	Year Ended December 31,
	2023		2022		2021
	(In thousands)
Unvested restricted stock units		4,042		1,941		453
Stock options		5,459		5,472		6,305
		9,501		7,413		6,758