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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 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 condensed consolidated balance sheets that sum to the total of the same on the condensed consolidated statement of cash flows (in thousands):

 

   September 30, 2021   December 31, 2020 
Cash and cash equivalents  $393,130   $134,942 
Restricted cash   5,402    1,279 
Total cash, cash equivalents and restricted cash  $398,532   $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 share and per share data):

 

   2021   2020   2021   2020 
  

Three Months Ended

September 30,

  

Nine Months Ended

September 30,

 
   2021   2020   2021   2020 
Basic loss per share:                
Net loss  $(105,865)  $(274,117)  $(270,981)  $(404,064)
Less: net loss attributable to non-controlling interest   14    -    105    1,555 
Net loss attributable to common stockholders   (105,851)   (274,117)   (270,876)   (402,509)
                     
Shares used in computation:                    
Weighted-average common shares outstanding   142,529,770    44,199,709    133,941,485    36,577,183 
Basic and diluted loss per share  $(0.74)  $(6.20)  $(2.02)  $(11.00)

Schedule of Anti-dilutive 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:

 

    September 30, 
    2021   2020 
Warrants to purchase common stock    893,266    9,538,533 
Series AA convertible preferred shares    -    64,648,724 
Stock options    16,131,605    17,952,213 
Unvested restricted stock units    1,331,380    - 
Convertible notes variable settlement feature    6,966,078    - 
Total    25,322,329    92,139,470