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Net (Loss) Income Per Share (Tables) | 6 Months Ended
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Jun. 30, 2022
Earnings Per Share [Abstract] |
Schedule of Calculation of Basic and Diluted Net (Loss) Income Per Share | The following table presents the calculation of basic and diluted net (loss) income per share (in thousands, except per share data):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
Basic net (loss) income per share: | Class A |  | Class B |  | Class A |  | Class B |  | Class A |  | Class B |  | Class A |  | Class B
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net (loss) income | $ | (4,421) |  |  | $ | (458) |  |  | $ | (7,163) |  |  | $ | (2,199) |  |  | $ | 4,281 |  |  | $ | 578 |  |  | $ | (16,777) |  |  | $ | (5,653) |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average shares used in calculating net income (loss) per share, basic | 285,265 |  |  | 29,530 |  |  | 235,671 |  |  | 72,348 |  |  | 276,779 |  |  | 37,351 |  |  | 229,652 |  |  | 77,380 |
Basic net (loss) income per share | $ | (0.02) |  |  | $ | (0.02) |  |  | $ | (0.03) |  |  | $ | (0.03) |  |  | $ | 0.02 |  |  | $ | 0.02 |  |  | $ | (0.07) |  |  | $ | (0.07) |
Diluted net (loss) income per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allocation of distributed net (loss) income for basic computation | $ | (4,421) |  |  | $ | (458) |  |  | $ | (7,163) |  |  | $ | (2,199) |  |  | $ | 4,281 |  |  | $ | 578 |  |  | $ | (16,777) |  |  | $ | (5,653) |
Reallocation of undistributed net (loss) income as a result of conversion of Class B to Class A shares | (458) |  |  | — |  |  | (2,199) |  |  | — |  |  | 578 |  |  | — |  |  | (5,653) |  |  | — |
Allocation of undistributed (loss) income | $ | (4,879) |  |  | $ | (458) |  |  | $ | (9,362) |  |  | $ | (2,199) |  |  | $ | 4,859 |  |  | $ | 578 |  |  | $ | (22,430) |  |  | $ | (5,653) |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of shares used in basic calculation | 285,265 |  |  | 29,530 |  |  | 235,671 |  |  | 72,348 |  |  | 276,779 |  |  | 37,351 |  |  | 229,652 |  |  | 77,380 |
Weighted-average effect of diluted securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Conversion of Class B to Class A common shares outstanding | 29,530 |  |  | — |  |  | 72,348 |  |  | — |  |  | 37,351 |  |  | — |  |  | 77,380 |  |  | — |
Employee stock options | — |  |  | — |  |  | — |  |  | — |  |  | 19,602 |  |  | — |  |  | — |  |  | — |
Employee stock purchase plan | — |  |  | — |  |  | — |  |  | — |  |  | 32 |  |  | — |  |  | — |  |  | — |
Unvested early exercises | — |  |  | — |  |  | — |  |  | — |  |  | 5 |  |  | — |  |  | — |  |  | — |
Restricted stock units | — |  |  | — |  |  | — |  |  | — |  |  | 2,955 |  |  | — |  |  | — |  |  | — |
Unvested restricted stock in connection with acquisition | — |  |  | — |  |  | — |  |  | — |  |  | 622 |  |  | — |  |  | — |  |  | — |
Shares issuable upon conversion of the convertible senior notes | — |  |  | — |  |  | — |  |  | — |  |  | 8,098 |  |  | — |  |  | — |  |  | — |
Number of shares used in diluted calculation | 314,795 |  |  | 29,530 |  |  | 308,019 |  |  | 72,348 |  |  | 345,444 |  |  | 37,351 |  |  | 307,032 |  |  | 77,380 |
Diluted net (loss) income per share | $ | (0.02) |  |  | $ | (0.02) |  |  | $ | (0.03) |  |  | $ | (0.03) |  |  | $ | 0.01 |  |  | $ | 0.02 |  |  | $ | (0.07) |  |  | $ | (0.07) |
Schedule of Potentially Dilutive Securities not Included in Diluted Per Share Calculations | Potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows (in thousands):
| As of June 30,
| 2022 |  | 2021
Shares subject to outstanding stock options and RSUs | 2,127 |  |  | 31,118 |
Unvested early exercised stock options and restricted shares of common stock | — |  |  | 959 |
Shares subject to the employee stock purchase plan | — |  |  | 177 |
Shares issuable upon conversion of the convertible senior notes | — |  |  | 8,098 |
Total | 2,127 |  |  | 40,352 |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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