Net Income (Loss) Per Share Attributable to Common Stockholders

3 Months Ended

Mar. 31, 2023

Net Income (Loss) Per Share Attributable to Common Stockholders

NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERSBasic net income (loss) per share attributable to common stockholders was computed by dividing net income (loss) by the weighted-average number of common shares outstanding for the three months ended March 31, 2023 and 2022 (in thousands, except for per share data). Diluted net income (loss) per share gives effect to all potential shares of common stock, including common stock issuable upon conversion of our redeemable convertible preferred stock, stock options and

RSUs to the extent these are dilutive. We calculated basic and diluted net income (loss) per share attributable to common stockholders as follows (in thousands, except per share amounts):


	Three Months Ended March 31,
	2023		2022
Basic net income (loss) per share attributable to common stockholders:
Numerator:
Net income (loss) attributable to common stockholders	$	(53,842)	$	71,904


Denominator:
Weighted average shares used in computing net income (loss) per share attributable to common stockholders, basic	293,074		275,199
Basic net income (loss) per share attributable to common stockholders	$	(0.18)	$	0.26
Diluted net income (loss) per share attributable to common stockholders
Numerator:
Diluted net income (loss) attributable to common stockholders	$	(53,842)	$	71,904
Denominator:
Weighted average shares used in computing net income (loss) per share	293,074		275,199
Weighted average effect of dilutive potential common stock	—		37,233
Weighted-average shares used in computing net income (loss) per share attributable to common stockholders, diluted	293,074		312,432
Diluted net income (loss) per share attributable to common stockholders	$	(0.18)	$	0.23

Basic net loss per share is the same as diluted net loss per share for the period we reported a net loss. The following potentially dilutive outstanding securities were excluded from the computation of diluted net income (loss) per share attributable to common stockholders, basic and diluted, because their effect would have been anti-dilutive or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the period (shares in thousands):


	As of March 31,
	2023	2022

Private warrants	1,708	1,708




Common stock options outstanding	32,028	1,027
Unvested RSUs	41,274	26,109
ESPP shares	1,955	1,094
Total potentially dilutive common stock equivalents	76,965	29,938