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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)202420232022
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)$(314,248)
Denominator:
Basic
Weighted-average shares used in computing basic net loss per share274,488 253,629 224,550 
Basic net loss per share$(1.13)$(1.21)$(1.40)
Diluted
Weighted-average shares used in computing basic net loss per share274,488253,629224,550
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 share288,366253,629224,550
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)202420232022
Shares issuable upon conversion of convertible senior notes20,51231,06320,690
Equity awards34,13627,24627,291
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.