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Net Loss Per Share (Tables)

9 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

Schedule of computation of loss per share

Computation of net loss per share for the three and nine months ended September 30, 2024 and 2023 was as follows (in thousands, except per share data):

		Three Months Ended September 30,								Nine Months Ended September 30,
		2024				2023				2024				2023
Numerator:
Net loss from operations		$	(26,938	)		$	(20,997	)		$	(104,813	)		$	(54,880	)
Induced conversion of redeemable preferred stock			—				—				(46,014	)			—
Net loss attributable to common stockholders		$	(26,938	)		$	(20,997	)		$	(150,827	)		$	(54,880	)
Denominator:
Weighted-average shares outstanding during the period			371,538				79,152				346,093				78,967
Net loss per share attributable to common stockholders, basic and diluted		$	(0.07	)		$	(0.27	)		$	(0.44	)		$	(0.69	)

Schedule of Potential Common Shares Excluded from Computations of Net Loss Per Share Attributed to Common Stockholders

The following potentially dilutive common shares were excluded from the computations of diluted net loss per share for the periods presented because including them would have been anti-dilutive (in thousands):

		Nine Months Ended September 30,
		2024				2023
RSUs, PSUs, stock options, restricted shares and ESPP shares			54,664				16,872
Series B Preferred Stock			—				75,164
2019 Notes(1)			18,966				18,966
2014 Notes			5				10
Warrants			11,692				—
Total			85,327				111,012

(1)The conversion rate is subject to adjustment upon the occurrence of certain specified events, including voluntary conversion of the 2019 Notes prior to the Company’s exercise of the Issuer’s Conversion Option (as defined in the 2019 Notes) or in connection with a make-whole fundamental change, entitling the holders, under certain circumstances, to a make-whole premium in the form of an increase in the conversion rate determined based on the effective date and current price of the Company’s common stock, subject to a minimum and maximum price per share. The maximum number of additional shares of the Company's common stock that may be issued under the make-whole premium is 4,741,374 shares. Refer to Note 6 for additional information on the 2019 Notes.

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- References

No definition available.

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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