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Net Loss Per Share, Basic and Diluted
 6 Months Ended
Aug. 03, 2024
Earnings Per Share [Abstract]  
Net Loss Per Share, Basic and Diluted Net Loss Per Share, Basic and Diluted
For purposes of calculating net loss per share, the Company continues to use the two-class method. As Class A, Class B, and Class C common stock have identical liquidation and dividend rights, the undistributed earnings are allocated on a proportionate basis to each class of common stock. As a result, the basic and diluted net loss per share attributable to common stockholders are the same for all classes of the Company’s common stock, on both an individual and combined basis, and therefore are presented together.
The following table presents the calculation of basic and diluted net loss per share (in thousands, except share and per share data):
Three Months EndedSix Months Ended
August 3, 2024July 29, 2023August 3, 2024July 29, 2023
Numerator:
Net loss attributable to common stockholders$(49,610)$(59,968)$(105,899)$(127,824)
Denominator:
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted553,917,926 531,751,683 551,285,115 529,077,540 
Net loss per share attributable to common stockholders, basic and diluted$(0.09)$(0.11)$(0.19)$(0.24)
The following potentially dilutive securities were excluded from the computation of diluted net loss per share calculations for the periods presented because the impact of including them would have been antidilutive:
Three Months EndedSix Months Ended
August 3, 2024July 29, 2023August 3, 2024July 29, 2023
Outstanding stock options5,854,565 6,573,583 5,854,565 6,573,583 
RSUs31,327,886 46,351,211 31,327,886 46,351,211 
Employee stock purchase rights under the 2021 ESPP712,979 848,923 712,979 848,923 
Total antidilutive securities37,895,430 53,773,717 37,895,430 53,773,717