XML 60 R17.htm IDEA: XBRL DOCUMENT
v3.25.1

NET LOSS PER SHARE | 12 Months Ended
--- | ---
Dec. 31, 2024
Earnings Per Share [Abstract] |
NET LOSS PER SHARE |
NOTE 10. NET LOSS PER SHARE
The following table presents the calculation of the basic and diluted net loss per share amounts presented on our consolidated statements of operations and comprehensive loss:
| Years Ended December 31,
(in thousands, except per share amounts) | 2024 |  | 2023 |  | 2022
Numerator: |  |  |  |  |
Basic |  |  |  |  |
Basic net loss | $ | (309,851) |  |  | $ | (306,735) |  |  | $ | (314,248) |
Diluted |  |  |  |  |
Basic net loss | $ | (309,851) |  |  | $ | (306,735) |  |  | $ | (314,248) |
Add: Interest charges applicable to convertible notes (2028 Notes) | 6,428 |  |  | — |  |  | — |
Less: Gain on debt restructuring (2029 Notes) | (154,407) |  |  | — |  |  | — |
Diluted net loss | $ | (457,830) |  |  | $ | (306,735) |  |  | $ | (314,248) |
Denominator: |  |  |  |  |
Basic |  |  |  |  |
Weighted-average shares used in computing basic net loss per share | 274,488 |  |  | 253,629 |  |  | 224,550 |
Basic net loss per share | $ | (1.13) |  |  | $ | (1.21) |  |  | $ | (1.40) |
Diluted |  |  |  |  |
Weighted-average shares used in computing basic net loss per share | 274,488 |  | 253,629 |  | 224,550
Add: Weighted average shares issuable upon conversion of convertible notes (2028 Notes) | 9,395 |  | — |  | —
Add: Weighted average shares issuable upon conversion of convertible notes (2029 Notes) | 4,483 |  | — |  | —
Weighted-average shares used in computing diluted net loss per share | 288,366 |  | 253,629 |  | 224,550
Diluted net loss per share | $ | (1.59) |  |  | $ | (1.21) |  |  | $ | (1.40) |
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:
| Years Ended December 31,
(in thousands) | 2024 |  | 2023 |  | 2022
Shares issuable upon conversion of convertible senior notes | 20,512 |  | 31,063 |  | 20,690
Equity awards | 34,136 |  | 27,246 |  | 27,291
See Note 2. Business Acquisitions, for detailed information on contingently issuable shares that would be due upon achievement of a milestone. See Note 9. Stockholders’ Equity for detailed information on equity awards.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration