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Net Loss per Share (Tables)
 9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Numerators and Denominators of Basic and Diluted Net Loss per Share Computations for Common Stock

The numerators and denominators of the basic and diluted net loss per share computations for our common stock are calculated as follows for the three and nine months ended September 30, 2021 and 2020:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

 

(in thousands, except per share data)

 

 

 

Class A

Common

 

 

Class B

Common

 

 

Class C

Common

 

 

Class A

Common

 

 

Class B

Common

 

 

Class C

Common

 

 

Class A

Common

 

 

Class B

Common

 

 

Class C

Common

 

 

Class A

Common

 

 

Class B

Common

 

 

Class C

Common

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(60,340

)

 

$

(1,076

)

 

$

(10,543

)

 

$

(164,499

)

 

$

(3,234

)

 

$

(32,120

)

 

$

(426,077

)

 

$

(7,822

)

 

$

(76,606

)

 

$

(680,951

)

 

$

(13,867

)

 

$

(136,922

)

Net loss attributable to

   common stockholders

 

$

(60,340

)

 

$

(1,076

)

 

$

(10,543

)

 

$

(164,499

)

 

$

(3,234

)

 

$

(32,120

)

 

$

(426,077

)

 

$

(7,822

)

 

$

(76,606

)

 

$

(680,951

)

 

$

(13,867

)

 

$

(136,922

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic shares:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average

   common shares

   - Basic

 

 

1,325,700

 

 

 

23,639

 

 

 

231,627

 

 

 

1,207,015

 

 

 

23,732

 

 

 

235,674

 

 

 

1,288,290

 

 

 

23,651

 

 

 

231,627

 

 

 

1,183,882

 

 

 

24,109

 

 

 

238,049

 

Diluted shares:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average

   common shares

   - Diluted

 

 

1,325,700

 

 

 

23,639

 

 

 

231,627

 

 

 

1,207,015

 

 

 

23,732

 

 

 

235,674

 

 

 

1,288,290

 

 

 

23,651

 

 

 

231,627

 

 

 

1,183,882

 

 

 

24,109

 

 

 

238,049

 

Net loss per share

   attributable to

   common stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.05

)

 

$

(0.05

)

 

$

(0.05

)

 

$

(0.14

)

 

$

(0.14

)

 

$

(0.14

)

 

$

(0.33

)

 

$

(0.33

)

 

$

(0.33

)

 

$

(0.58

)

 

$

(0.58

)

 

$

(0.58

)

Diluted

 

$

(0.05

)

 

$

(0.05

)

 

$

(0.05

)

 

$

(0.14

)

 

$

(0.14

)

 

$

(0.14

)

 

$

(0.33

)

 

$

(0.33

)

 

$

(0.33

)

 

$

(0.58

)

 

$

(0.58

)

 

$

(0.58

)

 

 
Schedule of Potentially Dilutive Shares Excluded from Calculation of Diluted Net Loss per Share

The following potentially dilutive shares were excluded from the calculation of diluted net loss per share because their effect would have been anti-dilutive for the periods presented:

 

 

 

Three and Nine Months Ended September 30,

 

 

 

2021

 

 

2020

 

 

 

(in thousands)

 

Stock options

 

 

4,708

 

 

 

6,649

 

Unvested RSUs and RSAs

 

 

95,874

 

 

 

142,466

 

Convertible Notes (if-converted)

 

 

62,755

 

 

 

101,591