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Net Loss Per Share Attributable to Common Stockholders (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Schedule of Net Loss Per Share, Basic and Diluted
The following table presents the computation of basic and diluted net loss per share of common stock (in millions, except per share data):
Year ended December 31,
202320222021
Class A(1)
Class B(2)
Class A (1)
Class B(2)
Class A (1)
Class B(2)
(in thousands, except per share amounts)
Net loss attributable to common stockholders$(133,088)$— $(190,774)$— $(212,120)$(10,577)
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted128,770 — 121,723 — 110,541 5,512 
Net loss per share attributable to common stockholders, basic and diluted$(1.03)$— $(1.57)$— (1.92)$(1.92)
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(1)Class A common stock includes the issuance of 12.9 million shares of Class A common stock issued by the Company in connection with the IPO and the shares issued in connection with the follow-on offering on May 26, 2020. It also includes shares issued upon the exercise of options and vesting of RSUs granted subsequent to the IPO, shares issued as part of the prior acquisitions, and converted Common B shares.
(2)Class B common stock includes, for all periods presented, common stock issued prior to the IPO and the conversion of all of the Company’s preferred stock into an aggregate of 53.6 million shares of the Company’s Class B common stock upon closing of the IPO. Some of these shares were previously converted into shares of Class A common stock. On July 12, 2021, all shares of Class B common stock were converted into shares of Class A common stock.
Schedule of Antidilutive Securities Excluded from Computation of Net Loss Per Share
The following securities were excluded from the computation of diluted net loss per share of common stock for the periods presented as their effect would have been antidilutive:
Number of Shares
Year ended December 31,
202320222021
(in thousands)
Stock options2,710 2,443 4,369 
RSUs11,244 11,990 5,285 
Revest shares— — 336 
PSUs732 267 71 
MPSUs1,471 2,174 — 
Bonus PSUs1,572 1,777 — 
Shares issuable pursuant to the ESPP410 186 51 
Convertible senior notes (if-converted)3,370 7,338 9,229 
Total21,509 26,175 19,341