Schedule of Basic and Diluted Loss per Share |
The following table sets forth the computation of basic and diluted net loss per share for the periods indicated (in thousands, except number of shares and per share information):
| | | | | | | | | | | | | | | | | | | Year ended December 31, | | 2022 | | 2021 | | 2020 | Numerator: | | | | | | Net loss | $ | (165,742) | | | $ | (294,387) | | | $ | (250,316) | | Less: Net loss attributable to convertible and exchangeable preferred stockholders | — | | | — | | | — | | Net loss attributable to common stockholders | $ | (165,742) | | | $ | (294,387) | | | $ | (250,316) | | Denominator: | | | | | | Weighted average basic common shares outstanding | 206,037,605 | | | 11,765,912 | | | 9,195,258 | | Add: Dilutive effect of outstanding stock awards | — | | | — | | | — | | Weighted average diluted common shares outstanding | 206,037,605 | | | 11,765,912 | | | 9,195,258 | | Net loss per common share: | | | | | | Basic | $ | (0.80) | | | $ | (25.02) | | | $ | (27.22) | | Diluted | $ | (0.80) | | | $ | (25.02) | | | $ | (27.22) | |
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Schedule of Antidilutive Securities |
The following potential common shares outstanding were excluded from the computation of diluted net loss per share because including them would have been anti-dilutive:
| | | | | | | | | | | | | | | | | | | Year ended December 31, | | 2022 | | 2021 | | 2020 | Options to purchase common stock | 36,679,007 | | | 30,679,883 | | | 19,772,797 | | Common stock subject to repurchase or forfeiture | 1,913,244 | | | 2,432,899 | | | 6,700,050 | | Outstanding RSUs | 11,691,813 | | | — | | | — | | Outstanding MSUs | 12,059,978 | | | — | | | — | | Redeemable convertible preferred stock(1) | — | | | 111,271,424 | | | 111,121,035 | | Exchangeable shares | 20,389,216 | | | 32,296,539 | | | 32,334,299 | | Total common stock equivalents | 82,733,258 | | | 176,680,745 | | | 169,928,182 | |
____________ (1)Includes the warrants reclassified to equity as of December 31, 2021 and those issued in connection with the 2018 Loan and Security Agreement and related amendment as of December 31, 2021 and 2020.
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