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Loss Per Share
 6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Loss Per Share Loss Per Share
We compute loss per share attributable to common stock using the two-class method required for participating interests. Series 1 Redeemable Preferred Stock has preferential cumulative dividend rights. Pursuant to ASC 260, Earnings Per Share, for each period presented, we increased net loss by the contractual amount of dividends payable to holders of Series 1 Redeemable Preferred Stock. Subsequent to the Business Combination, we did not have any participating interests.
Basic loss per share of common stock was computed by dividing net loss, adjusted for the impact of Series 1 Redeemable Preferred Stock dividends, by the weighted average number of shares of common stock outstanding during the
period. We excluded the effect of all potentially dilutive common stock elements from the denominator in the computation of diluted loss per share, as their inclusion would have been anti-dilutive.
The calculation of basic and diluted loss per share was as follows for the periods indicated:
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Numerator:
Net loss$(95,835)$(165,314)$(206,192)$(342,878)
Less: Redeemable preferred stock dividends
(10,079)(10,079)(20,047)(20,047)
Net loss attributable to common stockholders – basic and diluted$(105,914)$(175,393)$(226,239)$(362,925)
Denominator:
Weighted average common stock outstanding – basic910,046,750 365,036,365 881,608,165 241,282,003 
Weighted average common stock outstanding – diluted910,046,750 365,036,365 881,608,165 241,282,003 
Loss per share – basic$(0.12)$(0.48)$(0.26)$(1.50)
Loss per share – diluted$(0.12)$(0.48)$(0.26)$(1.50)

We excluded the effect of the below elements from our calculation of diluted loss per share, as their inclusion would have been anti-dilutive, as there were no earnings attributable to common stockholders. These amounts represent the number of instruments outstanding at the end of each period indicated:
June 30,
20222021
Common stock options
19,634,712 27,040,727 
Common stock warrants
12,170,990 40,295,990 
Unvested RSUs
60,741,866 53,128,121 
Unvested PSUs
21,797,374 6,428,578 
Convertible notes(1)
53,538,000 — 
Contingent common stock(2)
6,903,663 320,649 
Potentially issuable contingent common stock(3)
598,068 — 
________________________
(1)Represents the number of common stock issuable upon conversion of all convertible notes at the conversion rate in effect at the date indicated.
(2)As of June 30, 2022, includes contingently returnable common stock in connection with the Technisys Merger, which remains subject to further adjustment, pending final agreement regarding a closing net working capital calculation specified in the merger agreement. See Note 2 for additional information. As of June 30, 2021, included contingently issuable common stock in connection with our acquisition of 8 Limited, which was subsequently issued during the fourth quarter of 2021.
(3)As of June 30, 2022, includes the maximum amount of potentially issuable contingent common stock in connection with the Technisys Merger, which is pending final agreement regarding a closing net working capital calculation specified in the merger agreement. See Note 2 for additional information.