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Net Loss per Share (Tables)
6 Months Ended
Jun. 30, 2023
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:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(93,515

)

 

$

(69,652

)

 

$

(492,024

)

 

$

(139,905

)

Net loss attributable to non-controlling interest

 

 

(1,040

)

 

 

(507

)

 

 

(1,861

)

 

 

(723

)

Net loss attributable to American Well Corporation

 

$

(92,475

)

 

$

(69,145

)

 

$

(490,163

)

 

$

(139,182

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding
   —basic and diluted

 

 

283,059,929

 

 

 

273,320,740

 

 

 

281,504,945

 

 

 

273,615,031

 

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

 

$

(0.33

)

 

$

(0.25

)

 

$

(1.74

)

 

$

(0.51

)

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:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Unvested restricted stock units

 

 

25,676,742

 

 

 

14,856,621

 

 

 

25,676,742

 

 

 

14,856,621

 

Unvested performance market-based stock units

 

 

27,033,525

 

 

 

23,854,785

 

 

 

27,033,525

 

 

 

23,854,785

 

Options to purchase shares of common stock

 

 

10,243,947

 

 

 

12,830,371

 

 

 

10,243,947

 

 

 

12,830,371

 

 

 

 

62,954,214

 

 

 

51,541,777

 

 

 

62,954,214

 

 

 

51,541,777