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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2021
Accounting Policies [Abstract]  
Summary of Reconciliation of Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash within the consolidated balance sheet that sum to the total of the same on the consolidated statement of cash flows:

 

    March 31, 2021     December 31, 2020  
Cash and cash equivalents   $ 459,532     $ 134,942  
Restricted cash     5,403       1,279  
Total cash, cash equivalents and restricted cash   $ 464,935     $ 136,221  

Summary of Calculation of Basic and Diluted Net Loss Per Share

The following table presents the calculation of basic and diluted net loss per share (in thousands, except per share data):

 

    Three Months Ended March 31,  
    2021     2020  
Basic loss per share:                
Net loss   $ (70,186 )   $ (56,343 )
Less: net loss attributable to non-controlling interest     76       873  
Less: Deemed dividend - beneficial conversion feature on preferred stock     -       (171 )
Net loss attributable to common stockholders     (70,110 )     (55,641 )
                 
Shares used in computation:                
Weighted-average common shares outstanding     118,584,166       30,338,073  
Basic and diluted loss per share   $ (0.59 )   $ (1.83 )

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following common share equivalents are excluded from the calculation of weighted average common shares outstanding because their inclusion would have been anti-dilutive:

 

    As of March 31,  
    2021     2020  
Common stock purchase warrants     1,822,271       200,007  
Series D convertible preferred shares     -       456,000  
Stock options     15,488,783       16,667  
Unvested restricted stock units     1,131,543       -  
Convertible notes variable settlement feature     6,966,078       311,111  
Total     25,408,675       983,785