Earnings (Loss) Per Share (Tables)

3 Months Ended

Mar. 31, 2022

Schedule Of Earnings Per Share Basic And Diluted [Abstract]

Summary of Basic and Diluted Earnings (Loss) per Share of Common Stock

The following table sets forth the computation of basic and diluted earnings (loss) per Class A Common Stock and Class B Common Stock (amounts in thousands, except per share amounts):

	Three Months Ended March 31,
	2022			2021
Numerator:
Net loss attributable to common stockholders	$	(90,352	)	$	(75,079	)
Denominator:
Weighted average Class A and Class B Common Stock outstanding - Basic and Diluted		429,335			368,784
Net loss per share attributable to Class A and Class B Common stockholders - Basic and Diluted	$	(0.21	)	$	(0.20	)

Basic and diluted earnings per share was the same for each period presented as the inclusion of all potential Class A Common Stock and Class B Common Stock outstanding would have been anti-dilutive.

Summary of Potential Common Stock Outstanding Excluded from Computation of Diluted Net Loss Per Share

The following table presents the potential common stock outstanding that was excluded from the computation of diluted net loss per share of common stock as of the periods presented because including them would have been antidilutive (amounts in thousands):

	As of March 31,
	2022		2021
Warrants		—		8,660
Options outstanding		52,152		52,065
Restricted stock units(1)		11,216		12,473
VGA contingent purchase commitment(2)		—		15,221
Total		63,368		88,419

(1) Restricted stock units as of March 31, 2021 include 570 thousand shares vested but not issued, subject to Hart-Scott-Rodino Antitrust Improvements (HSR) clearance as of March 31, 2021.
(2) This refers to VGA's commitment to purchase 15.2 million shares of Class A Common Stock for $100.0 million subject to certain conditions including the achievement of a specified technical milestone by March 31, 2021. The 15.2 million shares were issued in April 2021.