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Net Income (Loss) Per Share | 9 Months Ended
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Sep. 30, 2023
Earnings Per Share [Abstract] |
Net Income (Loss) Per Share | Net Income (Loss) Per Share For the three and nine months ended September 30, 2022 and for the nine months ended September 30, 2023, the net loss attributable to common stockholders is divided by the weighted-average number of shares of common stock outstanding during the period to calculate both basic and diluted earnings per share. The dilutive effect of common stock equivalents has been excluded from the calculation of diluted net loss per share for these periods as its effect would have been anti-dilutive due to the net losses incurred for the periods. For the three months ended September 30, 2023, dilutive net income per share was calculated by dividing net income by the weighted-average number of shares of common stock outstanding during the period, including the dilutive impact of stock options and shares of common stock issuable upon the vesting of Restricted Stock Awards. The following table presents a reconciliation of weighted-average shares outstanding used in the calculation of basic and diluted net income (loss) per share:
|  | Three Months Ended September 30, 2023 |  | Nine Months Ended September 30, 2023
|  | 2023 |  | 2022 |  | 2023 |  | 2022
Weighted-average shares outstanding: |  |  |  |  |  |  |  |
Weighted-average number of shares of common stock used in computing net income (loss) per share attributable to common stockholders—basic |  | 142,837,120 |  |  | 141,256,000 |  |  | 142,246,586 |  |  | 141,034,000 |
Dilutive effect of share equivalents resulting from stock options |  | 3,207,854 |  |  | — |  |  | — |  |  | — |
Dilutive effect of share equivalents resulting from restricted stock awards |  | 225,654 |  |  | — |  |  | — |  |  | — |
Weighted-average number of shares of common stock used in computing net income (loss) per share attributable to common stockholders—diluted |  | 146,270,628 |  |  | 141,256,000 |  |  | 142,246,586 |  |  | 141,034,000 |
The following potentially dilutive common stock equivalents have been excluded from the calculation of diluted weighted-average shares outstanding for the three and nine months ended September 30, 2023 and 2022:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Stock options outstanding | 4,452,615 |  |  | 6,797,943 |  |  | 8,175,646 |  |  | 6,797,943 |
Unvested RSAs, RSUs, and PSUs | 1,779,298 |  |  | 1,249,624 |  |  | 2,635,840 |  |  | 1,249,624 |
| 6,231,913 |  |  | 8,047,567 |  |  | 10,811,486 |  |  | 8,047,567 |
For the three and nine months ended September 30, 2023, 1,076,538 and 1,077,726 shares of Class A common stock potentially issuable under PSU awards were excluded from the table above, respectively. For the three and nine months ended September 30, 2022, 1,395,596 shares of Class A common stock potentially issuable under PSU awards were excluded from the table above, respectively. The performance-based conditions had not been met and were deemed improbable of achievement as of the reporting period end date. See Note 15 “Stock-Based Compensation” for additional information regarding the Company’s PSU awards.

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