Basic and Diluted Net Loss per Common Share

6 Months Ended

Jun. 30, 2023

Basic and Diluted Net Loss per Common Share

The following table provides a reconciliation of the numerator and denominator used in computing basic and diluted net loss attributable to common stockholders per common share:


	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands, except per share amounts)	2023		2022		2023		2022
Numerator:
Net loss attributable to common stockholders	$	(43,232)	$	(62,157)	$	(96,164)	$	(147,417)
Denominator:
Weighted average common shares outstanding — basic and diluted	292,797,002		291,970,562		292,071,201		288,646,587

Dilutive common stock equivalents would include the dilutive effect of outstanding common stock options and unvested RSUs. Potentially dilutive common stock equivalents were excluded from the diluted earnings per share denominator for all periods because of their anti-dilutive effect. Weighted average common shares outstanding includes outstanding pre-funded warrants with an exercise price of $0.01.

The table below presents potential shares of common stock that were excluded from the computation as they were anti-dilutive using the treasury stock method:


	As of June 30,
(in thousands)	2023	2022
Options to purchase common stock	23,408	19,283
Unvested restricted stock units	10,365	10,166
Total number of potentially issuable shares	33,773	29,449