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NET LOSS PER SHARE
 3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
NET LOSS PER SHARE NET LOSS PER SHARE
Basic net loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. Diluted net loss per share is computed using the weighted-average number of shares of common stock outstanding and potential shares assuming the dilutive effect of the convertible senior notes, using the if-converted method, and outstanding equity awards using the treasury stock method.
The following table presents the calculation of the basic and diluted net loss per share amounts presented in the Condensed Consolidated Statements of Operations and Comprehensive Loss:
Three Months Ended
March 31,
(in thousands, except per share amounts)
20242023
Numerator:
Net loss$(78,178)$(88,015)
Denominator:
Basic
Weighted average shares used in computing basic net loss per share269,578242,032
Basic net loss per share$(0.29)$(0.36)
Diluted
Weighted average shares used in computing diluted net loss per share269,578242,032
Diluted net loss per share$(0.29)$(0.36)
The following shares issuable upon conversion of the convertible senior notes and outstanding equity awards were excluded from the computation of diluted net loss per share for the periods presented because the effect of including such shares would have been antidilutive:
Three Months Ended
March 31,
(in thousands)20242023
Shares issuable upon conversion of convertible senior notes31,06320,690
Equity Awards36,92430,366
See Note 2. Business Acquisitions for detailed information on contingently issuable shares due upon achievement of a milestone. See Note 7. Stockholders’ Equity for detailed information on equity awards.