Net Loss Per Share Attributable to Common Stockholders

6 Months Ended

Jun. 30, 2023

Net Loss per Share Attributable to Common Stockholders

Basic net loss per share is computed by dividing the net loss by the weighted-average number of common shares outstanding for the period. Because the Company reported a net loss for the three and six months ended June 30, 2023 and 2022, the number of shares used to calculate diluted net loss per common share is the same as the number of shares used to calculate basic net loss per common share for those periods presented because the potentially dilutive shares would have been antidilutive if included in the calculation.

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share data):


	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Numerator:
Net loss attributable to common stockholders	$	(286,079)	$	(49,574)	$	(399,472)	$	(111,893)
Denominator:
Weighted-average shares outstanding	636,679,165		581,265,924		621,018,919		580,184,274
Net loss per share attributable to common stockholders, basic and diluted	$	(0.45)	$	(0.09)	$	(0.64)	$	(0.19)

The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented because including them would have been antidilutive:


			June 30, 2023
Common stock warrants			28,783,333
Unvested restricted stock units			29,616,730
Unvested early exercised common stock options			2,779,501
Options to purchase common stock and unvested restricted stock awards			16,615,520
Earnout Shares			—
Total			77,795,084


			June 30, 2022
Common stock warrants			28,783,333
Unvested restricted stock units			23,480,861
Unvested early exercised common stock options			5,381,017
Options to purchase common stock and unvested restricted stock awards			21,626,741
Earnout Shares			17,130,000
Total			96,401,952