Net Income (Loss) Per Share Attributable to Common Stockholders (Tables)

9 Months Ended

Sep. 30, 2023

Schedule of Basic and Diluted Net Loss Per Share Attributable to Common Stockholders

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 September 30,						Nine Months Ended September 30,
Basic net income (loss) per share:	2023			2022			2023			2022
Numerator:
Net Income (loss) attributable to common stockholders	$	1,525		$	(79,206)		$	(397,947)		$	(191,099)
Denominator:
Basic weighted-average shares outstanding	672,559,810			583,970,409			638,388,011			581,458,391
Basic net income (loss) per share attributable to common stockholders	$	0.00		$	(0.14)		$	(0.62)		$	(0.33)
Diluted net income (loss) per share:
Numerator
Net Income (loss) attributable to common stockholders	$	1,525		$	(79,206)		$	(397,947)		$	(191,099)
Less:
Income attributable to participating securities(1)	$	(46)		—			—			—
Diluted net income (loss) attributable to common stockholders	1,479			(79,206)			(397,947)			(191,099)
Denominator:
Number of shares used in basic net income (loss) per share computation	672,559,810		—	583,970,409		—	638,388,011		—	581,458,391
Weighted-average dilutive securities	18,895,352			—			—		—	—
Diluted weighted-average common stock outstanding	691,455,162			583,970,409			638,388,011			581,458,391
Diluted net income (loss) per share attributable to common stockholders	$	0.00		$	(0.14)		$	(0.62)		$	(0.33)

(1) Participating securities include Earnout shares, unvested early exercised options and unvested restricted stock awards.

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

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


	Three Months Ended September 30,	Nine Months Ended September 30,
	2023	2023
Common stock warrants	28,783,333	28,783,333
Unvested restricted stock units	3,596,979	29,342,561
Options to purchase common stock and unvested restricted stock awards	3,959,867	18,216,147
ESPP	—	1,042,062
Total	36,340,179	77,384,103


			Three and Nine Months Ended September 30, 2022
Common stock warrants			28,783,333
Unvested restricted stock units			23,201,266
Options to purchase common stock and unvested restricted stock awards			25,145,381
Earnout Shares			17,130,000
Total			94,259,980