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NET LOSS PER SHARE
 6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
NET LOSS PER SHARE
17.
NET LOSS PER SHARE

Basic net loss per share is computed by dividing net loss attributable to common stockholders by the weighted average number of common shares outstanding during each period.

The holder of each share of common stock has the right to one vote for each share and is entitled to notice of any stockholders’ meeting and to vote upon certain events.

Diluted net loss per share is computed by dividing net loss attributable to common stockholders by the weighted average number of common and dilutive common equivalent shares outstanding for the period using the treasury-stock method or the if-converted method, whichever is more dilutive. Potentially dilutive shares are comprised of restricted stock units and stock options. For the three and six months ended June 30, 2024 and 2023, there is no difference in the number of shares used to calculate basic and diluted shares outstanding due to the Company’s net loss and potentially dilutive shares being anti-dilutive.

The following table summarizes the computation of basic and diluted net loss per share attributable to common stockholders of the Company for the three and six months ended June 30, 2024 and 2023:

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders-basic and diluted

 

$

(41,631

)

 

$

(45,889

)

 

$

(85,891

)

 

$

(91,506

)

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding-basic and diluted

 

 

494,190,708

 

 

 

479,735,858

 

 

 

492,092,709

 

 

 

477,977,551

 

Net loss per share attributable to common stockholders-basic and diluted

 

$

(0.08

)

 

$

(0.10

)

 

$

(0.17

)

 

$

(0.19

)

The following equity shares were excluded from the calculation of diluted net loss per share attributable to common stockholders because their effect would have been anti-dilutive:

 

June 30,

 

 

2024

 

 

2023

 

Stock options and restricted stock units

 

 

32,451,918

 

 

 

31,165,239

 

Common stock warrants

 

 

728,835

 

 

 

—

 

Shares underlying our convertible senior notes

 

 

69,261,530

 

 

 

—