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Net Loss Per Share
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Net Loss Per Share Net Loss Per Share
The following table sets forth the computation of the basic and diluted net loss per share:
Year Ended December 31,
202420232022
(in thousands, except per share data)
Net loss, basic and diluted
$(436,373)$(479,449)$(654,588)
Net loss per share, basic and diluted
$(3.56)$(4.28)$(6.41)
Weighted-average shares used in computing net loss per share, basic and diluted
122,745 111,988 102,178 
Since the Company was in a loss position for all periods presented, basic net loss per share is the same as diluted net loss per share, as the inclusion of all potential shares of common stock outstanding would have been anti-dilutive. The following weighted-average common stock equivalents were excluded from the calculation of diluted net loss per share for the periods presented as they had an anti-dilutive effect:
Year Ended December 31,
202420232022
(in thousands)
Stock options
3,990 3,566 2,799 
Restricted stock units5,199 3,474 2,342 
MSUs484 2,261 2,261 
PSUs1,125 389 354 
ESPP obligation209 176 105 
Convertible senior notes8,225 8,225 8,225 
Total19,232 18,091 16,086