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Net Loss per Share (Tables)
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Net Loss Per Share Attributable To Common Stockholders

Basic and diluted net loss per share attributable to common stockholders was calculated as follows:

 

 

 

Years Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

 

 

Net loss

 

$

(272,072

)

 

$

(176,782

)

 

$

(228,626

)

Net loss attributable to non-controlling interest

 

 

(1,643

)

 

 

(448

)

 

 

(4,194

)

Net loss attributable to American Well Corporation

 

$

(270,429

)

 

$

(176,334

)

 

$

(224,432

)

Denominator:

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding, basic and diluted

 

 

274,249,749

 

 

 

254,068,942

 

 

 

99,044,312

 

Net loss per share attributable to common stockholders,
   basic and diluted

 

$

(0.99

)

 

$

(0.69

)

 

$

(2.27

)

Summary of Antidilutive Securities Excluded From Computation of Net Loss Per Share The Company excluded the following potential common shares equivalents presented based on amounts outstanding at each period end, from the computation of diluted net loss per share attributable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect:

 

 

 

Years Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

Unvested restricted stock units

 

 

16,178,486

 

 

 

7,472,787

 

 

 

5,399,622

 

Unvested performance market-based stock units

 

 

25,602,405

 

 

 

 

 

 

 

Options to purchase shares of common stock

 

 

11,039,551

 

 

 

15,893,755

 

 

 

23,167,514

 

 

 

 

52,820,442

 

 

 

23,366,542

 

 

 

28,567,136