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Net Income (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Schedule of Calculation of Basic and Diluted Net Income (Loss) Per Share

We calculated basic and diluted net income (loss) per share as follows (in thousands, except per share amounts):

			Three Months Ended June 30,																														Six Months Ended June 30,
			2024												2023																								2024												2023
			Class A						Class B						Class A						Class B																														Class A						Class B						Class A						Class B
Basic net income (loss) per share:
Numerator:
Net income (loss)			$	7,805					$	1,082					$	(30,314)					$	(4,628)																													$	(13,965)					$	(1,960)					$	(211,427)					$	(32,094)
Denominator:
Weighted-average shares used in computing net income (loss) per share, basic			600,033						83,138						584,978						89,302																														597,193						83,802						588,382						89,314
Basic net income (loss) per share			$	0.01					$	0.01					$	(0.05)					$	(0.05)																													$	(0.02)					$	(0.02)					$	(0.36)					$	(0.36)
Diluted net income (loss) per share:
Numerator:
Net income (loss)			$	7,805					$	1,082					$	(30,314)					$	(4,628)																													$	(13,965)					$	(1,960)					$	(211,427)					$	(32,094)
Reallocation of net income as a result of conversion of Class B to Class A common stock			1,082						—						—						—																														—						—						—						—
Reallocation of net income to Class B common stock			—						(38)						—						—																														—						—						—						—
Diluted net income (loss)			$	8,887					$	1,044					$	(30,314)					$	(4,628)																													$	(13,965)					$	(1,960)					$	(211,427)					$	(32,094)
Denominator
Weighted-average shares used in computing net income (loss) per share, basic			600,033						83,138						584,978						89,302																														597,193						83,802						588,382						89,314
Conversion of Class B to Class A common stock			83,138						—						—						—																														—						—						—						—
Weighted average effect of dilutive potential common stock			25,087						—						—						—																														—						—						—						—
Weighted-average shares used in computing net income (loss) per share, diluted			708,258						83,138						584,978						89,302																														597,193						83,802						588,382						89,314
Diluted net income (loss) per share			$	0.01					$	0.01					$	(0.05)					$	(0.05)																													$	(0.02)					$	(0.02)					$	(0.36)					$	(0.36)

Schedule of Weighted-Average Anti-Dilutive Shares of Common Stock Excluded from the Calculation of Diluted Net Income (Loss) Per Share

We excluded the following weighted-average potential shares of common stock from our calculation of diluted net income (loss) per share because these would be anti-dilutive (in thousands):

			Three Months Ended June 30,												Six Months Ended June 30,
			2024						2023						2024						2023
Outstanding stock options			—						14,723						11,884						14,973
Unvested restricted stock units and restricted stock awards			1,623						50,521						46,963						52,085
Total			1,623						65,244						58,847						67,058

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- References

No definition available.

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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
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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X

- 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
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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