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Net Loss Per Share, Basic and Diluted
 9 Months Ended
Nov. 02, 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 EndedNine Months Ended
November 2, 2024October 28, 2023November 2, 2024October 28, 2023
Numerator:
Net loss attributable to common stockholders$(37,806)$(45,531)$(143,705)$(173,355)
Denominator:
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted559,006,539 537,464,892 553,858,923 531,873,324 
Net loss per share attributable to common stockholders, basic and diluted$(0.07)$(0.08)$(0.26)$(0.33)
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 EndedNine Months Ended
November 2, 2024October 28, 2023November 2, 2024October 28, 2023
Outstanding stock options5,635,770 6,385,340 5,635,770 6,385,340 
RSUs26,849,742 40,879,380 26,849,742 40,879,380 
Employee stock purchase rights under the 2021 ESPP658,171 905,835 658,171 905,835 
Total antidilutive securities33,143,683 48,170,555 33,143,683 48,170,555